Monthly Archives: December 2009

Footnote Notes: Recent Accounting Pronouncements

Posted on December 28, 2009 by The Webmaster

ASC 235-10-50-3 describes footnote disclosures required for financial statements to conform to GAAP, and the term “Recent Accounting Pronouncements” does not appear. Nevertheless, public companies large and small devote at least a couple of pages to describing new accounting standards, … Continue reading →

Posted in GAAP | 1 Comment

Supreme Court Hearing Yesterday On PCAOB

Posted on December 8, 2009 by The Webmaster

Here’s a report from WebCPA.com.

Posted in Government | Leave a comment

Asset Valuations Spark Warning to Auditors

Posted on December 5, 2009 by The Webmaster

This week, the National Association of State Boards of Accountancy sponsored an auditing conference at Baruch College’s Zicklin School of Business. There, Marc Panucci, associate chief accountant in the SEC’s Office of the Chief Accountant, warned issuers to take more … Continue reading →

Posted in Accounting How-to | Leave a comment