While the PCAOB has been on a mission to scare the pants off of auditors […]
Tag: FASB
FASB and PCAOB Do a Poor Job on Diversity and Inclusion
I’ve spent a good portion of my career monitoring the accounting and auditing standard-setting world […]
FASB’s CECL Standard Is a Disaster Waiting to Happen
“A simple accounting standard is going to decimate the people in my district’s ability to […]
FAF Did Not Pick You to Be FASB’s Next Chairman
Unless your name is Richard Jones and you’re chief accountant and partner at EY, then […]
BKD Poaches Someone From FASB and Issues a Press Release
It’s fairly common for midtier accounting firms to raid the Big 4 to fill managing […]
Sorry, Lease Accounting Rules Don’t Care That You’re Trying to Keep Patients Alive
The Wall Street Journal recently checked in with the CFO of Genesis Healthcare to see […]
Sorry, Public Companies, the FASB Isn’t Giving You Any More Time to Get Your Shit Together on Lease Accounting
The chairman of the Financial Accounting Standards Board crushed any hopes public companies might have […]
Simplifying Accounting Standards Still Complicated
Too bad accounting standard simplification doesn’t follow the same rules as Marie Kondo’s The Life-Changing […]
FASB Might Take a Breather on Standard Setting After Some People Yelled at Them
I'm sure working at the FASB is harder than I imagine it to be. What […]
When It Come to Overcomplication, Accountants Take the Cake
According to Richard Thaler, “If you want to encourage someone to do something, make it […]
FASB Flabbergasted That People Get Worked Up About Materiality’s Definition
I don't quite remember when I first learned about the concept of materiality, but my […]
AICPA Would Like FASB, PCC to Keep Their Heads Up, Get Back to Work
AICPA President, CEO and former Mr. Universe Barry Melancon, CPA, CGMA wrote a letter to […]