Financial Accounting Standards Board
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U.S. official "optimistic" on global accounting move
Feb 20, 2012 09:53 EST
LONDON (Reuters) - A senior U.S. regulator was "optimistic" on Monday about finding a framework for the world's top economy to use global book keeping rules for investors to compare cross-border companies.
Analysis: MF Global proves Enron-era accounting lives on
Dec 02, 2011 15:25 EST
(Reuters) - The off-balance-sheet accounting methods that Enron and Lehman Brothers made famous in their epic failures years ago have a modern-day poster child: MF Global <MFGLQ.PK>.
Analysis: MF Global proves Enron-era accounting lives on
Dec 02, 2011 07:15 EST
(Reuters) - The off-balance-sheet accounting methods that Enron and Lehman Brothers made famous in their epic failures years ago have a modern-day poster child: MF Global <MFGLQ.PK>.
Analysis: MF Global proves Enron-era accounting lives on
Dec 01, 2011 22:40 EST
(Reuters) - The off-balance-sheet accounting methods that Enron and Lehman Brothers made famous in their epic failures years ago have a modern-day poster child: MF Global.
Analysis: MF Global proves Enron-era accounting lives on
Dec 01, 2011 19:34 EST
(Reuters) - The off-balance-sheet accounting methods that Enron and Lehman Brothers made famous in their epic failures years ago have a modern-day poster child: MF Global.
Analysis: MF Global proves Enron-era accounting lives on
Dec 01, 2011 16:54 EST
(Reuters) - The off-balance-sheet accounting methods that Enron and Lehman Brothers made famous in their epic failures years ago have a modern-day poster child: MF Global.
New accounting rule would ease Greek pain: IASB
Jul 05, 2011 12:42 EDT
ZURICH/LONDON (Reuters) - European Union banks would have more breathing space from losses on Greek bonds if the bloc adopted a new international accounting rule, a top standard setter said on Tuesday.
Special report: Extreme weather batters the insurance industry
Feb 09, 2011 09:19 EST
NEW YORK (Reuters) - In Chester County, South Carolina, off a dirt road in the middle of a field, insurance companies are literally unleashing a storm.
Prelude to Meltdown: An interview with Bert Dohmen
Sep 01, 2010 14:33 EDT
Newsletter writer predicted that credit market troubles would escalate into crisis . When Bert Dohmen talks, smart investors listen.
FASB chairman Herz retiring
Aug 24, 2010 22:33 EDT
Financial Accounting Standards Board Chairman Herz retiring after 8 years. The head of the rule-setting board for corporate accounting is retiring after a tenure that included a momentous encounter with Congress in the wake of the financial crisis.
FASB chief to retire and board size to increase
Aug 24, 2010 18:00 EDT
NEW YORK (Reuters) - The chairman of the Financial Accounting Standards Board, which sets U.S. accounting rules, said on Tuesday he is retiring after more than eight years at the helm.
Rulemakers plan global overhaul of lease accounting
Aug 15, 2010 12:32 EDT
NEW YORK (Reuters) - U.S. and international accounting rule makers are planning to propose an overhaul of lease accounting as soon as Tuesday, in a move expected to affect some $1.2 trillion in leased assets.
Senators press SEC on off balance sheet activity
Aug 13, 2010 18:33 EDT
NEW YORK (Reuters) - Six Democratic Senators have asked the head of the Securities and Exchange Commission to require more disclosure about the trillions of dollars worth of debts and financial assets U.S. companies keep off of their balance sheets.
Tightened rules for banks' loans proposed
May 27, 2010 00:41 EDT
Accounting board proposes tightened rules for banks to value loans; industry renews opposition. The rule-setting board for corporate accounting on Wednesday proposed tightened rules that would force banks to value loans at current prices, prompting renewed opposition from the banking industry over a long-simmering issue.
Fed told rule change could help with exit: source
Nov 25, 2009 16:14 EST
NEW YORK (Reuters) - A handful of banks have told the Federal Reserve they could do more to support the central bank's exit from its emergency cash infusions if a key accounting rule was changed, according to a person familiar with the situation.
California Settles with Wells Fargo, Recovers $1.4 Billion for Investors
Nov 17, 2009 19:00 EST
Attorney General accuses bank of leaving customers out in the cold. Attorney General Edmund G. Brown Jr. today filed suit against three Wells Fargo affiliates to recover $1.5 billion for California investors who purchased auction-rate securities based on "false and deceptive" advice that these financial instruments were "as safe and liquid as cash."
New accounting rules mean boost to Apple, others
Sep 23, 2009 19:58 EDT
Regulators OK accounting rules change; tech companies freed to report gadget sales up front. Regulators approved changes to accounting rules Wednesday that in the short term will make sales and profits seem higher at technology companies selling certain gadgets that blend hardware and software.
U.S. accounting change might help tech companies
Sep 23, 2009 18:47 EDT
SAN FRANCISCO (Reuters) - U.S. accounting rule makers approved a change in reporting regulations on Wednesday that might benefit technology companies such as Apple Inc <AAPL.O>, allowing them to recognize more revenue when products are sold.
FDIC to consider ways to replenish deposit fund
Sep 18, 2009 11:57 EDT
WASHINGTON (Reuters) - U.S. bank regulators are considering tapping a line of credit with the U.S. Treasury Department and may explore other lesser-known options to replenish the dwindling fund that safeguards bank deposits.
Merkel, Sarkozy demand end to bankster "blackmail"
Sep 15, 2009 18:36 EDT
Significant changes to investment banking, the fed and financial oversight urged before the G20 . ?No bank must grow to a size that puts it in a position in which it can blackmail governments.? - German Chancellor Angela Merkel (August 31st, Bloomberg)
Facts from the Wikipedia page:
| Founded | 1973 |
|---|---|
| Headquarters | Norwalk, Connecticut |
| Motto | Serving the investment public through transparent information resulting from high-quality financial reporting standards, developed in an independent, private-sector, open due process. |
| Website | fasb.org |
