FASB

Having joined the Financial Accounting Standards Board as a technical assistant in 2003, Salo will serve a five-year term on the board starting in July.

Large companies are bolstering their adjusted earnings per share by excluding items such as litigation expenses and amortization of intangible assets from their net income.

The Governmental Accounting Standards Board is getting ready to roll out new rules and proposals for state and local governments.

Plus, the Kansas Society of CPAs gives out scholarships; the Accounting MOVE Project announces a mini summit; and more.

Stakeholders are demanding ever greater tax transparency, and companies must navigate evolving, complex reporting requirements around the globe.

The accounting standard-setter named 11 experts to its reconstituted task force on Thursday.

The Financial Accounting Standards Board decided to pursue targeted improvements to its rules for accounting for and disclosing software costs, instead of a single overarching model.

PBMares establishes new risk advisory consulting practice; Weaver adds a tax partner; and more news from across the profession.

Businesses will get help determining whether profits interest and similar awards should be accounted for as share-based payment arrangements.

The Financial Accounting Foundation is reviewing the effectiveness of the Private Company Council, the group that advises the Financial Accounting Standards Board about the perspective of privately held companies.