FASB Issues New Accounting Guidelines for Goodwill and Interest Rate Swaps

January 22, 2014 

FASB Issues New Accounting Guidelines for Goodwill and Interest Rate Swaps

The Financial Accounting Standards Board (FASB) today issued two updates to U.S. generally accepted accounting principles (GAAP) that provide alternatives for private companies on the subsequent accounting for goodwill and for interest rate swaps—specifically a simplified hedge accounting approach for certain types of swaps.

 New Print Edition of FASB Accounting Standards Codification Available

January 21, 2014 

New Print Edition of FASB Accounting Standards Codification Available

The Financial Accounting Foundation (FAF) today released an updated print edition of the Financial Accounting Standards Board’s FASB Accounting Standards Codification, the single, authoritative source of U.S. Generally Accepted Accounting Principles (U.S. GAAP) for public and private companies and not-for-profit organizations.

 Equality In Employer Health Insurance Plans Delayed

January 21, 2014 

Equality In Employer Health Insurance Plans Delayed

Unless you’ve been living under a rock the last few years, you’re well-aware that the massive health care legislation known informally as “Obamacare” by both its detractors and proponents remains the law of the land.