- September 5, 2011 A Move toward Separate Accounting Standards for Private Companies Begins For all those private companies frustrated with being forced to spend $25,000 on a valuation of intangible property or goodwill, or spending hours drafting disclosures that users may not read, or being burdened with a ...
- August 31, 2011 Japan Finalises Regulation Amendments to Retain US GAAP Option The Financial Services Authority of Japan (FSA) has announced the finalisation of the removal of time limit for the use of United States Generally Accepted Accounting Principles (US GAAP) by certain Japanese entities (see ...
- August 26, 2011 New Features of ReadyRatios: Analysis of US GAAP and Selection of the Start of the Financial Year Three months ago we launched ReadyRatios service – a unique tool for the intelligent analysis of the financial position of companies taken from their financial statements. Today, we have made next step in the d ...
- August 11, 2011 FASB Approves Standard to Simplify Testing Goodwill for Impairment The Financial Accounting Standards Board (FASB) today approved a revised accounting standard intended to simplify how an entity tests goodwill for impairment. “The Board’s decision today comes as a ...
- July 15, 2011 IFRS Roundtable on Adoption of IFRS: Investor Viewpoint By Anne Rosivach The Securities and Exchange Commission (SEC), which is responsible for accounting standards in the U.S. and for the protection of investors, has said it will decide by the end of this year whether to ...
- July 8, 2011 SEC Announces Agenda and Panelists for Roundtable on International Financial Reporting Standards FOR IMMEDIATE RELEASE 2011-139 Washington, D.C., June 30, 2011 — The staff of the Securities and Exchange Commission today announced the panelists and final agenda for the International Financial ...
- July 7, 2011 The Launch of a Unique Free Financial Analysis Service In July 2011 the company Audit IT, which specializes in financial auditing and the development of software for accounting and analysis, launched the unique ReadyRatios web service. The service automatically analyzes a ...
- July 7, 2011 ASB Seeking Feedback on U.S. Auditor Reporting The AICPA Auditing Standards Board (ASB) is requesting input from members and other stakeholders to help form its comments on the consultation paper, Enhancing the Value of Auditor Reporting: Exploring Options for Change ...
- June 23, 2011 IAESB Proposes Clarified Standard on Professional Accounting Education Entry Requirements The International Accounting Education Standards Board (IAESB) today released for public exposure a proposed revision of International Education Standard (IES) 1, Entry Requirements to a Program of Professional Accounting ...
- June 17, 2011 FASB Issues Accounting Standards Update to Improve Presentation of Comprehensive Income The Financial Accounting Standards Board (FASB) today issued Accounting Standards Update (ASU) No. 2011-05 Comprehensive Income (Topic 220): Presentation of Comprehensive Income. The Update is intended to increase the ...
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