BVU News and Trends December 2019
A monthly roundup of key developments of interest to business valuation experts.
BVU News and Trends October 2019
A monthly roundup of key developments of interest to business valuation experts.
FASB delays several sets of accounting standards
The FASB has voted to delay the effective dates for private companies and certain other entities for the standards on accounting for leases, credit losses (known as CECL), and hedging.
New FASB philosophy staggers effective dates
The Financial Accounting Standards Board (FASB) has outlined a new philosophy under which it plans to extend and simplify effective dates for private companies, smaller public companies, not-for-profit organizations, and employee benefit plans.
BVU News and Trends June 2018
A monthly roundup of key developments of interest to business valuation experts.
Firms unprepared for new lease accounting
Only one in five finance, accounting, and other professionals say their companies are “extremely” or “very” prepared to comply with the Financial Accounting Standards Board’s (FASB) and International Accounting Standards Board’s (IASB) respective new lease accounting standards, according to a recent poll from the Deloitte Center for Controllership.
FASB provides major new opportunity for appraisers - part 2 of 2
The Financial Accounting Standards Board (FASB) issued Statements of Financial Accounting Standards (SFAS) 141 and 142 in the fall of 2001. SFAS 142 changes the accounting for goodwill from an ...
FASB provides major new opportunity for appraisers - part 1 of 2
The two statements issued by FASB this fall, Statement No. 141, Business Combinations, and Statement No. 142, Goodwill and Other Intangible Assets, will change the accounting for intangible as ...
"Less time to write-off goodwill"
"FASB Focuses on Intangible Assets," Scott L. Beauchene , Valuation Strategies , March/April 2000, pp. 4-11, 47. This article discusses the Financial Accounting Standards Board (FASB) September ...
Goodwill amortization period reduced
" FASB To Limit Amortization Period for Goodwill from 40 to 20 Years," PULSE , June 1999, pp. 8,12. The Financial Accounting Standards Board has announced plans to reduce the amortization period fo ...
Valuing a Contingent Liability
"Valuing a Contingent Liability," King, Alfred M., M&A Today , April 1999, pp. 10-11. During an acquisition, when a buyer and seller disagree about the earnings outlook for the target company ...
FASB releases report on business combinations issues and presents concepts for present value measures
At its August 21, 1996 meeting, the Financial Accounting Standards Board (FASB) decided to add to its technical agenda a project on accounting for business combinations. The objective of the project ...
1997 annual AIMR conference addresses key accounting changes
Two presentations relating to U.S. accounting standards were of particular interest at the Association for Investment Management and Research ( AIMR ) annual conference held May 11-14 in New Orleans ...