FASB Completes Conceptual Framework, But Differences with IASB Remain
Scott Ehrlich spoke with the CPA Journal on whether the FASB’s newly finalized Concepts Statements will change the way practitioners will apply U.S. GAAP.
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Accounting Rulemaker to Explore non-GAAP and R&D Spending
In this Wall Street Journal article, Scott Ehrlich of Mind the GAAP offers his views on one of the projects the FASB may add to its standard setting agenda – whether companies should record assets for internally-generated intangible assets and, if so, at what value.
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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.