FINANCIAL REPORTING - BUSINESS VALUATION - Refining Fair Value Measurement - FASB Statement no. 157 specifies new factors to consider when measuring fair values that are already required in GAAP. The authors explain some of the changes caused by the new standard and the uniformity and consistency it brings to fair value measurements.

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)

Got 'Em Covered? EMPLOYEE BENEFITS-FINANCIAL REPORTING - Perfect Storm Prompts Changes in Pension Accounting - New guidance from FASB on accounting for pension and other postretirement benefits has improved the financial reporting for these obligations. And more changes might be in the works.

Miller, Paul B.W., (2007)