Tag Archives: FASB

FASB To Make Life Easier – Step Two

Posted on January 28, 2012 by admin

After feeling the love generated by the issuance of ASU 2011-08 creating a Step 0 for the goodwill impairment test (click here for our summary), the FASB has proposed similar guidance for testing indefinite-lived intangible assets for impairment (click here … Continue reading →

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FASB Awaits Decision on Private Company Accounting Changes

Posted on January 24, 2012 by admin

Financial Accounting Standards Board chair Leslie Seidman has been reviewing the suggestions that have been coming in about the proposed Private Company Standards Improvement Council while awaiting a decision on how much authority her board will have over the new … Continue reading →

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