The Financial Education & Research Foundation (FERF) has released the findings of its 14th Annual […]
Tag: Financial reporting
Analyst Rightly Grew Suspicious of Gorgeous Woman Who Laughed at His Accounting Jokes
“And then I said, ‘It’s accrual world!’” Earlier this year, we discussed a tradecrafty story […]
The SEC’s Tumultuous Love Affair with XBRL
Did the SEC commit to XBRL half-heartedly? Are they waiting for something better to come […]
FASB Might Take a Breather on Standard Setting After Some People Yelled at Them
I'm sure working at the FASB is harder than I imagine it to be. What […]
New SEC Rules Have Made GAAP Great Again (in Press Releases Anyway)
For some time now, I've been featuring various worries by various people about non-GAAP reporting […]
Simplifying Financial Reporting Is Hard
As a concept, business is simple. Someone willing to buy a thing or a service gives you money for that thing or service. If you sell lots of things or services then you’ve really got something good going. Hooray! You’re an entrepreneur.
10 Gifs That CFOs Should Use in Their SEC Filings
And now, for a little bit of stupid fun. Compliance Week has a post on […]
#TBT: Convergence of International Accounting Standards Before Convergence Was Cool*
If you are one of the lucky few who has taken the CPA exam since […]
The Possibility Remains the FASB Could Turn Their Simplification Initiative Into a Giant Charlie Foxtrot
Accounting rules are complex. It is known. The Financial Accounting Standards Board, in an effort […]
Maybe We Should Just Let the Banks Write Their Own Loan Loss Accounting Rules
Banks really appreciate the effort to move away from the recognition of losses as they […]
ICYMI: Here Are Some Accounting Execs Talking About How Useless XBRL Is
The mandatory use of eXtensible Business Reporting Language by large public companies began in 2009 […]
COSO Willing to Accommodate Anyone Who Hasn’t Been Able to Get the Hang of Things the Past Two Decades
Auditors and companies looking to adhere to a proposed internal control framework for financial reporting […]