FASB Approves ABA-Supported Tax Reform Accounting Proposal

·

·

FASB Approves ABA-Supported Tax Reform Accounting Proposal

The Financial Accounting Standards Board today approved a highly anticipated proposal for adjusting regulatory capital balances that were affected by the new tax reform law, an issue that was first raised by the American Bankers Association in a letter to FASB in December. Companies will be able to
See Original Article

A Map to the Underworld: $2 Trillion of Volatility Trades Here

For a fledgling asset class whose idiosyncrasies are understood by few, there sure is a lot of money swirling around in volatility trades. Investment strategies and products married to market swings were thrust front and center by the worst market meltdown in seven years, in which the Cboe Volatility Index
See Original Article

Subpoena Markus Jooste!

In November, before Steinhoff's implosion, he had dodged questions from auditing firm Deloitte about the murky European entities at the heart of “accounting irregularities” at the company. Then he dodged Steinhoff's board when it asked him to explain. When he could hide no more, he quit. Last week
See Original Article

Senior Manager, Accounting

A new Senior Manager, Accounting job is available in Cambridge, Massachusetts. Check it out on MassBio Career Center.
See Original Article

Angela Merkel's Coalition Seeks $15 Billion to Modernize Germany's Internet Grid

… to cover the country with “gigabit” speed internet networks by 2025 and plans to put 10 billion euros ($12 billion) to 12 billion euros in a special fund to help supply underserved regions with fiber lines, ideally directly to the home, according to a copy of the coalition agreement obtained by Bloomberg.
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Your email address will not be published.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.