September 12, 2019
The FASB is considering changes to the subsequent accounting of goodwill and other acquired intangible assets.
March 12, 2019
The third-year survey gives manufacturers and financial leaders insight into the business climate so they have a better idea of what’s to come.
January 4, 2016
The Financial Accounting Standards Board (FASB) recently issued an Accounting Standards Update (ASU) that streamlines the subsequent measurement of inventory, requiring that inventory be measured at the lower of cost and net realizable value. This guidance is a part of the FASB’s simplification initiative and, while not the goal of FASB, will more closely align with International Financial Reporting Standards (IFRS).