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FASB Codification Update By FICPAFlash - Video
Robert Herz, the chairman of the Financial Accounting Standards board told CBS 5 Investigates the medicine for the current financial crisis is honest accounting.Windows Media - Video
Discussing value assets on books, with Robert Herz, Financial Accounting Standards Board chairman and CNBC's Rick SantelliWindows Media - Video
April 18 - While the regulation only changes the posting and not the values, it is expected to change corporate behavior.Flash - Video
Measuring fair value as FASB's rule takes effect today, with Nouriel Roubini, RGEMonitor.com chairman; CNBC's Rick Santelli & Joe KernenWindows Media - Video
How are FASB discussion memoranda and FASB exposure drafts related to FASB statements?Bubba Ho-TeppppppFASB exposure drafts are preliminary FASB statements. All statements are issued in exposure draft form first to give the public a chance to respond and comment. FASB discussion memoranda are items iss...
What are FASB's requirements for how a company reports gains from a lawsuit settlement on the income statementSasquatch 38Under FASB Statement No. 145, material gains and losses are classified as extraordinary on the income statement only when they are unusual AND infrequent. Extraordinary items are reported at the botto...What are some topics where FASB rules and IASB principles conflict?BlueGreenMan- Fair value based accounting of stock options and other stock options based accounting issues (IFRS 2)
- Impairment
- Income tax
- Investment properties
- Research and development
- Subsequent ...
Can an expense reimbursement be classified as revenue? If so which FASB statement confirms this? Thanks?MitchIf it is a dollar for dollar allowed expense, no.What FASB standards impact the reporting of bond issuers?aymanmhannaIt depends on who the issuer of the bond is. One way to split the bond market is for issuers who have to register their bond offerings with the SEC and those who do not--known as "exempt securities" ...
