A person familiar with the matter told
additional guidance relating to the accounting rule, known as FAS 157, might or
might not result from the discussions.
SEC spokesman John Nester said the agency was ‘working closely with US and
international regulators and standard setters on the issues related to fair
However, it was unclear whether the SEC and FASB would issue guidance before
the end of the third quarter, ending today.
Improvements to cashflow statements are being targeted in a consultation launched by the Financial Reporting Council (FRC)
Dr Richard Willis provides a several thousand-year history lesson of the profession, from origin to modern-day
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Long-serving PwC director Fiona Westwood has moved to Smith & Williamson and stepped up to partner