Welcome to the Wiley IFRS Insider Community!
Greetings! We’re expanding the community and moving to www.kiesointermediateaccounting.com.
We can’t wait to see you there!
With the start of the baseball season, I could not resist a reference to baseball vernacular, as the FASB expects to release a proposal on its Going Concern project within the next several weeks. Going concern is the assumption inherent in…Continue
Hurricane Sandy has brought to the forefront the recurring debate about the accounting for extraordinary events. GAAP indicates the special treatment (reported “below the operating income line”, net of tax) may be used only for events that are…Continue
Barry Melancon, the AICPA president and CEO, warned that if the U.S. continues to stall on the issue of IFRS convergence the U.S. risks losing its stature as leader amongst the world accounting setters. Melancon further stated that the U.S.'…Continue