Tag Archives: FASB
FAF Addresses Due-Process Compliance with FASB and GASB
SHARE: The Financial Accounting Foundation (FAF) has granted stakeholders in the financial reporting community the opportunity to raise potential concerns about compliance with the due-process procedures of the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB). Through the FAF website, stakeholders can now flag for the FAF’s Oversight Committee alleged failures…
SEC Recommends FASB Improvements
SHARE: In recent news, the Securities and Exchange Commission’s Investor Advisory Committee released a set of recommendations to improve operations of the Financial Accounting Standards Board (FASB) so that it may better serve investor needs. According to the Committee, investors have been concerned that accounting standard-setting has not kept pace with today’s sources of value…
Call for FASB to Address Digital Currency
SHARE: State Board Report August The Chamber of Digital Commerce (CDC), which characterizes itself as “the world’s largest trade association representing the blockchain industry,” on July 11 hosted a “Congressional Blockchain Education Day” in Washington, D.C. Members of the CDC met with elected officials and their staff to underscore the importance of blockchain technology. Blockchain…