Audit

By the Narrowest of Margins, the Lease Standard to Be Re-exposed

By Todd Lucas | April 18, 2013

At the Financial Accounting Standards Board (FASB) meeting on April 10, 2013, members voted 4-3, to re-expose the lease accounting standard. FASB Chairman

IFRS

2013 FASB/ISAB Joint Projects on the Horizon

By Brittany Lockerman | April 03, 2013

Since 2002’s Norwalk Agreement, convergence between the standards set by the Financial Accounting Standards Board (U.S. GAAP) and the standards set

IFRS

Everyone Agrees: Financial Statement Disclosures Causing Problems

By Matthew Lynch | March 20, 2013

As anyone familiar with financial statements can attest, the disclosure requirements for financial statements get more and more complex every year. The

IFRS

FASB/IASB Revenue Recognition Update

By Ryan Deatrick | December 05, 2012

The FASB and the IASB have been formally working on a revenue recognition project since September of 2002. This joint effort culminated in an exposure

IFRS

Recovering Impairment Under IFRS

By Sean Bleibtrey | November 20, 2012

As International Financial Reporting Standards (IFRS) continue to expand internationally, it is important for U.S. companies to be aware of key differences

Insights