In June 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (Update) 2014-12 regarding stock compensation. The Update clarifies the accounting for share-based payments when the terms of an award provide that a performance target...
On May 28, 2014, the International Accounting Standards Board (IASB), responsible for International Financial Reporting Standards (IFRS), and the Financial Accounting Standards Board (FASB), responsible for U.S. Generally Accepted Accounting Principles (U.S. GAAP),...
On November 25, 2013, the Financial Accounting Standards Board (FASB) endorsed an accounting alternative proposed by the Private Company Council (PCC) of the American Institute of CPAs (AICPA) which will change the way private companies account for goodwill and...
