Business Wire

FASB Issues Exposure Draft on Accounting for Financial Instruments Additional, Related Proposal Addresses Proposed Changes to Comprehensive Income

NORWALK, Conn.--(BUSINESS WIRE)--The Financial Accounting Standards Board (FASB) has issued an Exposure Draft (ED) of a proposed Accounting Standards Update (ASU) intended to improve accounting for ...
Accounting Today

IFRS 9 A Perspective on Financial Instrument Accounting

IMGCAP(1)]IAS 39, Financial Instruments: Recognition and Measurement, is arguably the most complex of International Financial Reporting Standards. The standard deals principally with accounting for ...
Accounting Today

FASB proposes standard for distinguishing liabilities from equity

The Financial Accounting Standards Board released a proposed accounting standards update Wednesday with the goal of enhancing the guidance for financial instruments with the characteristics of ...
JournalofAccountancy

End of LIBOR: How all industries, not just banks, can prepare

Financial institutions and other industries globally are working to replace the London Interbank Offered Rate (LIBOR). By the end of 2021, LIBOR is expected to be phased out, which necessitates ...