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: U.S. Generally Accepted Accounting Principles (GAAP)

FEI Express Private Company Edition #83
Financial Statements and the Return of Professional Judgment
The Fast Close
LIFO
financial reporting: June 09
This IFRS section summarizes key points from the comment letters received by the U.S. Securities and Exchange Commission financial reporting: June 09
Private companies have to walk a fine line to meet the disclosure requirements of U.S. generally accepted accounting principles — without providing too many details — while providing enough information for bankers and other financial statement users. financial reporting: may 09
financial reporting: december 08
international accounting: october 08
Transitioning to IFRS will have a noticeable effect on corporate taxes, due to the intertwined relationship of the tax rules and regulations embedded in U.S. GAAP. president`s page: september 08
The convergence of International Financial Reporting Standards with U.S. generally accepted accounting principles is rapidly progressing toward becoming a reality. The big question now is the timeline for implementation, rather than a debate over “whether” it will occur. Financial Reporting: september 08
In an interview with Financial Executive Editor-in-Chief Ellen M. Heffes, Financial Accounting Standards Board Chairman Robert H. Herz says the timing for the United States to make a move toward adopting International Financial Reporting Standards “is in the SEC’s court.”
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