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: Generally Accepted Accounting Principles (GAAP)

Private Company: March 2011
Financial Reporting: January 11
Uncertainty remains over whether, how and when the SEC will make the decision for U.S. companies to incorporate or converge with IFRS, leaving U.S. GAAP behind. Will a decision come in June, or beyond? Here’s what to consider in the meantime. FAF, SEC Seek Comment On GAAP, Non-GAAP Taxonomies For XBRL
Financial Reporting: January 10
A sea change is occurring in financial reporting and FASB constituents will need to actively engage in the board’s due process as standard-setting efforts and IFRS policy considerations could radically change the financial reporting landscape. Financial Reporting: December 09
Would Investors Trust ‘Generally Accepted Flexible Accounting Principles?’ If a recent proposed amendment to the Financial Stability Improvement Act finds its way to law, the principles of accounting could become somewhat less principled and somewhat more flexible, according to several business and investment associations FASB Codification Launches; Becomes Single Source Of U.S. GAAP
On July 1, 2009 FASB's Codification became the single, official source of U.S. GAAP.
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