October 17, 2018

do you even leverage bro?

FASB Finally Gets Around to Preventing Lehman Bros Version 2.0

The Financial Accounting Standards Board has finalized its new accounting rule around repurchase agreements to assure similar transactions receive similar accounting treatment going forward. FASB issued Accounting Standards Update No. 2014-11 to revise the rules around repurchase-to-maturity transactions, along with repurchase financings and related disclosures. The guidance changes the accounting for repurchase-to-maturity transactions and repurchase […]