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The Financial Accounting Standards Board and the Private Company Council have issued the final version of their Private Company Decision-Making Framework: A Guide for Evaluating Financial Accounting and Reporting for Private Companies to help FASB and the PCC determine whether and when to provide alternative recognition, measurement, disclosure, display, effective date or transition guidance for private companies reporting under U.S. GAAP.
December 23 -
The Securities and Exchange Commission has voted to propose rules aimed at increasing access to capital for smaller companies.
December 23 -
The accounting profession's expectations for economic growth remained positive for the third month in a row, according to the December edition of the Accounting Todays monthly Accountants Confidence Index.
December 20 -
Accounting Today is in the midst of compiling its annual lists of the Top 100 Firms and Regional Leaders, and is looking for more top-notch accounting firms to consider.
December 20 -
The Securities and Exchange Commission issued a staff report Friday to Congress on its disclosure rules for U.S. public companies, as part of the SECs efforts to modernize the disclosure requirements and reduce compliance costs for emerging growth companies.
December 20 -
The New York State Society of CPAs celebrated its new headquarters in Downtown Manhattan this week, with an open house and an official ribbon-cutting.
December 20 -
U.S. banking industry groups are pressing regulators to clarify accounting for certain securities under the Volcker Rule after lenders complained the Dodd-Frank Act measure may force them to take writedowns.
December 19 -
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The Financial Accounting Standards Board has released the 2014 U.S. GAAP Financial Reporting Taxonomy.
December 18