by Mind the GAAP | Dec 5, 2015 | Financial Statement Presentation
We are generally supportive of the Proposed ASU. Each reporting entity is unique and should be allowed to exercise discretion in determining which disclosures are most meaningful and relevant for the primary users of its financial statements… Read...
by Mind the GAAP | Nov 28, 2015 | Financial Statement Presentation
At its November 2015 meeting, the FASB’s Emerging Issues Task Force (EITF) reached tentative conclusions on eight of the nine issues relating to the classification of certain cash receipts and payments on the statement of cash flows… Read...
by Mind the GAAP | May 20, 2015 | Financial Statement Presentation
In 2014, the FASB commenced a project to reduce cost and complexity in financial reporting. The goal was to make targeted simplifications to certain accounting rules…
