FASB has issued a proposed new chapter for its Conceptual Framework that describes a reporting entity. The proposed chapter would become Chapter 2 of FASB Concepts Statement No. 8, Conceptual ...
This piece isn’t about the fact that traditional remediation is a bottomless pit from which many students never escape (though it is a bottomless pit). And it isn’t about the fact that corequisite ...
New concept statements released Wednesday address financial statement elements and factors FASB should consider in developing accounting guidance. The statements are presented as new chapters of ...
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