FASB

Recent Activity

Member's Profile
Christie Jahn
Title: CFO
Company: Atlantic Wireless Communications
(CFO at Atlantic Wireless Communications)
I was reading on CFO.com the new regulations being implemented by FASB, while not scheduled to take place until 2018, the impacts could have significant impacts. Are you taking any...
Member's Profile
jeff campbell
Title: Chief Financial Officer
Company: New Context Services, Inc.
(Chief Financial Officer at New Context Services, Inc.)
The agreement has multiple milestone payments. The determination of the payment schedule was to improve cash-flow on the project. The amount of the payments do not represent the value...
Anonymous Member
Anonymous
(Financial Manager)
I'd like to get some perspective on situations that may arise in our organization and be sure that we are compliant withing GAAP/FASB guidelines. We've recently switched from...
Member's Profile
Stephen Ambler
Title: Director of Service & Delivery
Company: RoseRyan
(Director of Service & Delivery at RoseRyan)
Companies will no longer have to call out extraordinary items on the income statement following the Financial Accounting Standards Board’s recent issuance of an accounting...
Member's Profile
Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO at SBAConsulting.com)
Ed Trott, a former member of FASB writes in the CFO.com article that we need to simplify the rules. Does Ed go far enough in his simplification model? I think not, and the reason may...
Member's Profile
Steve Jackson
Title: Consultant
Company: RoseRyan
(Consultant at RoseRyan)
While large valuation acquisitions of entire companies (for example, Facebook acquiring WhatsApp for $19 billion) grab the headlines, the majority of the acquisitions are for just a...
Member's Profile
Chris Shumate
Title: Corporate Accountant
Company: Redline Contract Services, LLC
(Corporate Accountant at Redline Contract Services, LLC)
Revenue recognition as it relates to the FASB has been a topic for quite a while. I work in the construction industry which is slated to have a very big change in the way its revenue...
Member's Profile
Kelley Wall
Title: Director
Company: Connor Group
(Director at Connor Group)
After more than a decade in the making, the FASB and the IASB finally issued new revenue recognition rules. Now if the boards needed that kind of a runway, how hard will it be for...
Member's Profile
Jim Brendel
Title: Partner
Company: Hein & Associates LLP
(Partner at Hein & Associates LLP)
Two little known FASB changes help start-ups, real estate and oil and gas companies I’m a CPA, and I’m here to tell you financial reporting became simpler and easier to use...
Member's Profile
Daniel Berube
Title: Controller
Company: Tensoft, Inc
(Controller at Tensoft, Inc)
On May 28th the FASB and IASB issued the combined revenue recognition standard due to be effective for the first interim period within annual reporting periods beginning after December...