Scott Ehrlich, President of Mind the GAAP, discusses why “almost sellable” businesses are having trouble closing investment rounds because of weak financial governance and technical accounting mistakes.
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Mind the GAAP’s President, Scott Ehrlich, was asked by the Wall Street Journal to share his perspectives on the FASB’s push to create rules around derecognition of crypto assets.
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In this Bloomberg article, Scott Ehrlich of Mind the GAAP discusses a quirk of the asset retirement obligation rules in U.S. GAAP that may benefit some oil & gas companies.
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he National Association of Real Estate Investment Trusts (Nareit) has urged the FASB to embed the “Basis for Conclusions” directly into the Accounting Standards Codification (ASC). Scott Ehrlich of Mind the GAAP disagrees.
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In this Bloomberg article, Scott Ehrlich of Mind the GAAP answers questions on the 2025 Invitation to Comment – FASB Agenda Consultation.
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Today, Mind the GAAP provided feedback on approximately 85 projects that stakeholders have asked the FASB to consider undertaking. We further identified one additional area – Subsequent Events – that we believe requires wholesale reconsideration.
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