Financial reporting

The Financial Accounting Foundation is seeking people who would like to participate in a post-implementation review survey of how well its business combinations standard has worked.

The International Accounting Education Standards Board has released a proposed revision of its professional development standard for educating accountants in values, ethics and attitudes.

Top 100 Firm Weaver LLP promoted a half dozen employees to partner, with Jayna Bovre named partner-in-charge of the Fort Worth office.

The Financial Accounting Standards Board has issued an accounting standards update intended to simplify the testing of indefinite-lived intangible assets, such as trademarks, licenses and distribution rights, for impairment.

Michael Bernstein succeeds Martin Greenberg

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Firm News Recent network memberships, awards, new Web sites and more

The International Accounting Standards Board said Thursday that its staff will develop guidance to help “micro-sized entities” apply International Financial Reporting Standards for Small and Medium-sized Entities.

Elizabeth Hugh selected as the firm’s first chief operating officer

The Governmental Accounting Standards Board has issued an updated guide to help people better understand the financial statements of state and local governments.

Staffing service Office Team identified five types of workplace "competitors" that take it too far and offered tips for working with them effectively.

The International Accounting Standards Board is headed toward a more multilateral approach in the formation of International Financial Reporting Standards, as the U.S. appears increasingly unlikely to throw its support behind IFRS this year.

Top 100 Firm Moss Adams, LLP agreed to merge with Rabanal & Smith, LLP for an undisclosed amount. The transaction is expected to close on Aug. 1.

Less than half of senior insurance executives from companies around the world believe the U.S. should abandon U.S. GAAP standards in favor of International Financial Reporting Standards, according to a new survey.

Recent network memberships, awards, new Web sites and more

Himanshu Palsule will lead Sage North America's product and strategy division.

The Financial Accounting Standards Board said it is taking a different approach than the International Accounting Standards Board in the impairment of financial instruments after a joint meeting Wednesday.

Eugene Ma and Kevin Starkey accepted into partnership at California firm

The assurance, tax, and consulting firm intends to fill 300 to 500 positions to its new corporate headquarters

The Securities and Exchange Commission’s final staff report on International Financial Reporting Standards seemed to bend over backwards to avoid making a recommendation to the SEC commissioners on how they should vote, but with all the many drawbacks listed in the report, it’s questionable how the SEC could ever vote at this point to support IFRS.