Financial Accounting Standards Board (FASB) Releases Critical GAAP Updates

Complying with generally accepting accounting principles (GAAP) is becoming increasingly challenging for private entities. But this year, the Financial Accounting Standards Board (FASB) has released two updates that allow alternative reporting methods in cases involving goodwill following a merger and interest rate swaps. Mergers and Acquisitions: How to Account for Goodwill During the acquisition of […]

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