News & Insights
Accounting Firms Back US Board’s Preferred Stock Dividends Plan
In this Bloomberg article, Scott Ehrlich of Mind the GAAP helps clarify the FASB’s new proposal on the accounting for paid-in-kind dividends.
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Oil, Gas Industry’s Accounting ‘Loophole’ Frustrates Investors
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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Corporate Income Tax Disclosure Deadline Nears Amid GOP Pushback
As some members of Congress threaten the FASB over its new income tax disclosure requirements, Bloomberg Tax reached out to Scott Ehrlich of Mind the GAAP for comment.
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Should the FASB Include the Basis for Conclusions in the Codification?
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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Crypto, Equity Accounting Among Top Agenda Requests for US Board
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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Mind the GAAP – ITC (Agenda Consultation)…
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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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.
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