Mind the GAAP Issues Comment Letter on Share-Based Consideration to a Customer
Mind the GAAP supports the FASB’s efforts to simplify the accounting for share-based consideration issued by a reporting entity as a customer incentive.
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Mind the GAAP Issues Comment Letter on Share-Based Consideration to a Customer
The FASB has proposed to clarify the accounting for warrants and other stock-based payments received from a customer. Mind the GAAP supports the FASB’s proposals but has recommended clarifications to improve the FASB’s suggested guidelines.
Plan for New Accounting Rules on Software Cost
Shortly, the FASB will be proposing sweeping new rules around the accounting for software development costs. The Wall Street Journal asked Scott Ehrlich, President of Mind the GAAP, to share his perspectives on the FASB recommendations.
The Future of the Private Company Council (PCC)
The FASB Trustees have asked for feedback on the Private Company Council, or PCC. In this Thompson Reuters article, Scott Ehrlich of Mind the GAAP shares his thoughts on both PCC successes and areas for potential improvement.
A Reprieve from Big Accounting Standards?
In this Thompson Reuters article, Scott Ehrlich, President of Mind the GAAP, shares his views on whether 2024 will bring relief to weary accountants, who have spent the past few years adopting major standards on revenue, leases, and credit losses.