FASB Amends Standards for Variable Interest Entities

·

·

FASB Amends Standards for Variable Interest Entities

The Financial Accounting Standards Board has released an accounting standards update on how to treat consolidations of interests held through
See Original Article

Nokia Sales Drop as Wireless Carriers Curb Network Spending

Nokia Oyj reported a 6 percent decline in sales and warned that waning demand for wireless-network equipment will continue to weigh on revenue this quarter.
See Original Article

Trash Authority Takes Hit on Three Years Audits

Accounts receivables are overstated, causing the Authority's net assets to be overstated in 2010, 2011 and 2012, the auditors wrote in a letter attached
See Original Article

Warren Targets KPMG, Accounting Law in Wake of Wells Fargo Scandal

The accounts led to the dismissal of about 5,000 employees over a … and whether the accounting firm conducted any re-assessment of its audits.
See Original Article

Dollar Rises to 3-Month High Versus Yen as Policy Paths Diverge

The dollar advanced to a three-month high against the yen on confidence that the Federal Reserve will raise interest rates this year while the Bank of Japan maintains its stimulus program.
See Original Article



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.