FOUR STEPS TO USEFUL PRESENT VALUES - Present value measurement techniques generally are misunderstood by CPAs and suffer some material defects. The FASB should attempt to remedy the problems and avoid creating new ones.
|Year of publication:||
|Authors:||Miller, Paul B.W. ; Bahnson, Paul R.|
Journal of accountancy : publication of the American Institute of Certified Public Accountants. - Jersey City, NJ : Inst., ISSN 0021-8448, ZDB-ID 2193590. - Vol. 181.1996, 5, p. 91-99
Features - Fast Track to Direct Cash How Reporting - Direct cash flow reporting is considered superior to the indirect method and valued by investors. So why aren't more companies reporting financials this way? It may be because it is considered more expensive and time-consuming. An efficient method is described here.
Miller, Paul B.W., (2002)
FINANCIAL REPORTING - Noncontrolling Interest: Much More Than a Name Change - FASB Statement no. 160, Noncontrolling Interests in Consolidated Financial Statements, provides improved terminology and resolution to several reporting and measurement issues. The new standard should result in more informative financial statements, reflecting how noncontrolling interests and changes in those interests ...
Bahnson, Paul R., (2008)
The Top 10 Reasons to Fix the FASB's Conceptual Framework - The Financial Accounting Standards Board has requested input about its Preliminary Views document that looks at the Conceptual Framework (CFW). More than 20 years old, the framework is incomplete and could use some revitalization. Here are 10 specific reasons that address both why it needs to be fixed and what should be addressed.
Miller, Paul B.W., (2007)
- More ...