FASB updates accounting for VIE consolidation

FASB updates accounting for VIE consolidation

The Financial Accounting Standards Board released an accounting standards update Wednesday for the consolidation of variable interest entities,
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IASB clarifies definition of 'material'

In an effort to make it easier for companies to make materiality judgments, the International Accounting Standards Board (IASB) on Wednesday issued
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Jessica Mathews

The executive must attend to a close family member who has recently learned of significant health challenges, a spokeswoman says. Earnings Jessica
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FASB Improves Consolidation Accounting

Established in 1973, the FASB is the independent, private-sector organization, based in Norwalk, Connecticut, that establishes financial accounting
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Audit dead in a decade?

Accounting professor David Yermack thinks the audit profession may be dead in 10 years. At a roundtable discussion held at New York University on
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