Financial Accounting Standards Board


Board Pay: Five Hot Trends

Rhoda Edelman, of Pearl Meyer and Partners, a New York-based consultancy specializing in board pay, identifies five hot trends in director compensation ba...  Read story

Special "gaap" For Small Business

Small businesses have complained for years that the financial reporting standards used in this country, which were developed and refined with large, publi...  Read story

Accounting Standards, Financial Accounting Standards Board. Fasb/ Mcgraw-hill, 1221 Avenue Of The Americas, New York, Ny10020; Two Paperback Volumes: 2,048 Pp. And 1,936 Pp., $22.50 And $24.50.

Volume I, Original Pronouncements, contains all FASB rules re garding audited financial reports, whether superseded or not, and the reasoning behind the r...  Read story

Cash Flow Statement

Related Terms: Financial statements ...  Read story

Financial Statements

Related Terms: Annual Report ; Read story

Out Of Stock

Three years ago, top executives at cash-hungry West Coast companies thought they had found the perfect device for luring and locking up key employees with...  Read story

Banking;

If the local economy is depressed and you're struggling to meet your loan payments, take heart. A little-known accounting standard called FASB 15 may be ...  Read story

Stock Option Expensing Sparks National Debate

May 2004 --A proposal introduced by the Financial Accounting Standards Board (FASB) on March 31 has met with a great deal of opposition, p...  Read story

House Votes to Limit Option Expensing

July 22, 2004 -- In a victory for start-ups that offer employee stock options in lieu of pay, the House of Representatives overwhelming v...  Read story

FASB Limits Stock Options

What new stock option rules mean for you.  Read story

Cash Flow Statement

A breakdown of the cash flow statement, and methods for simplifying the procedure.  Read story

The Wrong Remedy

Perloff Bros. Inc., a Philadelphia-based wholesaler of Tartan Foods, wanted to expand and had found just the way to do it. A small wholesale grocer in ups...  Read story

Dwindling Options;

IN APRIL, VICOM SYSTEMS INC. extended its stock option plan to include about half of its 75 employees. The company never dreamed that a change in account...  Read story

Taking Stock

A new rule is forcing business owners to think twice about stock options.  Read story

Accounting

Related Terms: Certified Public...  Read story

Coming To Terms With Accountants

Like most specialists, accountants have their own set of acronyms and terms. Here is a glossary of the accounting profession's most common ones. Big...  Read story

The Accounting Profession Vs. The Sec: When Is A Loan Not A Loan?

The proposed public offering of Hadron Inc. (see story) is not the only research and development limited partnership awaiting a decision from the Securiti...  Read story

New Ways to Retain and Reward Employees (Hint: We're Not Talking Stock Options)

In the wake of media reports about abuse of stock options, some technology firms are rethinking the incentives they use to compensate valuable employees. Mea...  Read story

Income Statements

Related Terms: Annual Reports ; Read story

Auditing The Accounting Article

I question the extraordinary emphasis given to a remark attributed to Richard Thalheimer, president of the Sharper Image. " 'I walked into Price Waterhous...  Read story

The Art of Unhatched-Chicken Accounting

The top four banks have taken significant charges for impairment of their mortgage-servicing rights. The bottom three have not. Countrywide ...  Read story

It May Pay to Lease Your Desktops

A look at long-term computer leasing deals offered by six mail-order houses.  Read story

Small Businesses Looking for Bigger Say with FASB

May 27, 2004 --Since the collapses of the likes of Enron and WorldCom and the introduction of the Sarbanes-Oxley governance laws in 2002, ...  Read story

Motherhood, Apple Pie Stock Options

Although stock options are widely used to attract quality employees, they can have negative effects on your company if employees misunderstand them of if the...  Read story

SEC Head Nominee Would Back Options Expensing

Aug. 1, 2005 --As the Senate prepares to vote on the approval of Christopher Cox as the new chief of the Securities and Exchange Commissio...  Read story

SEC Head Nominee Would Back Options Expensing

Aug. 1, 2005 --As the Senate prepares to vote on the approval of Christopher Cox as the new chief of the Securities and Exchange Commissio...  Read story

SEC Acts to Curb Cash Flow Shenanigans

Once thought to be rock-solid, cash flow statements deserve a second look, a new study finds.  Read story

Pro Forma Statements

Pro forma , a Latin term meaning "as a matter of form," is applied to the process of presenting financial projections for a specific time period i...  Read story

Depreciation

"Depreciation" literally means the lowering of the value of something—and specifically of fixed or capital assets. In accounting terminology the word re...  Read story

Beyond The Paycheck: Compensating For Growth

All but three of America's 100 fastest-growing public companies offer long-term incentive compensation to executives. Stock options are the norm, with a few ...  Read story

Money in, Money Out

How to time cash flow to make the most of the cash in your company - both your own and other people's.  Read story

Economic Forecaster Stanley Salvigsen

Interview with economic forecaster who advises on reducing debt to prepare for hard times ahead.  Read story

Can I Have a Raise?

From profit sharing to "phantom" stock plans, innovative CEOs and managers are experimenting with new compensation techniques.  Read story

Mail

This month's feedback.  Read story

Zero Zero Hour

The year 2000 bug will affect your computers no matter how small your business is. A look at some methods for testing your systems and the costs you can expe...  Read story

Audits, Internal

Related Terms: Accounting Methods Intern...  Read story

The Boom in Employee Ownership

Inc. gets the scoop on the effects of stock options from Corey Rosen, cofounder of the National Center for Employee Ownership.  Read story

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