Mind the GAAP and Wipfli recently responded to the FASB’s proposals on simplifying the accounting for debt and equity financings. The firms generally supported the FASB’s recommendations, but requested that the FASB reconsider one of its proposals and to expand the scope of the project to address stock-settled debt.
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Recent Posts
Mind the GAAP issues joint comment letter on the FASB’s Debt/Equity Simplification Proposals
A Strange Disclosure Quirk for Private Companies Adopting ASC 842
Subsurface Rights – ASC 842 and IFRS 16 Convergence Gone Amuck
The Intersection of ASC 606 and ASC 805: Recognition and Measurement of Assumed Contract Liabilities in a Business Combination
Agenda request to address the accounting for warrant modifications