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Complexity Still an Issue for Income Tax Accounting Standard
The Financial Accounting Standards Board (FASB) said on December 3 it will continue to analyze the Financial Accounting Foundation (FAF) post-implementation review (PIR) of FASB Statement No....
Intermediate Sanctions and the Risks of Nonprofit Executive Compensation: What You Need to Know
If you’re a highly-compensated executive at a nonprofit and in a position to influence how much you earn, you may be at risk. Nonprofit executives who are paid what might be considered excess...
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FAF Releases Updated Print Edition of FASB Accounting Standards Codification
By Frank Byrt On March 11, the Financial Accounting Foundation (FAF) released its latest version of the print edition of the Financial Accounting Standard Board's (FASB) Accounting Standards...
Not a Good Year for IFRS Adoption in the US
By Anne Rosivach It is no longer clear that the US Securities and Exchange Commission (SEC) will recommend the adoption of International Financial Reporting Standards (IFRS) by US public...