FASB Standard-Setting Update ~ September 2014

FASB Standard-Setting Update ~ September 2014

Blog Focus on Accounting, Audit Committees and the Law

Here is the most recent "Summary of FASB Developments" prepared by Randy McClanahan of Butler Snow LLP in Birmingham, Alabama, for the Annual Meeting of the ABA Business Law Section Law and Accounting Committee. Randy's summary provides updates on the Financial Accounting Standards Board's new standards on going concern, revenue recognition, and other topics.