The Financial Accounting Standards Board has issued a standards update aimed at clarifying the interaction between the rules related to equity securities, equity method investments and certain ...
Private equity is developing into a critical part of the accounting ecosystem as outside investors become increasingly involved — but its eventual impact on the profession remains a matter of much ...
The Financial Accounting Standards Board has issued a new Accounting Standards Update to address growing confusion over what ...
Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Private-equity investors are circling accounting firms as ...
A corporation initially books the investment in another company's shares as a noncurrent asset with a value equal to the purchase cost. Whenever the investee issues an earnings report, the investor ...
FASB’s efforts to simplify accounting continued Tuesday, when the board issued a standard eliminating the requirement to retroactively adopt the equity method of accounting when an investment ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Only a few years ago, private ...
A corporation's shareholders' equity balance is shown in the equity section of its balance sheet, and it includes the amount of money that a corporation's shareholder's have contributed to the company ...
Financial statement preparers would receive specific guidance on when to apply modification accounting under a new FASB proposal. Proposed Accounting Standards Update, Compensation—Stock Compensation ...