New accounting standards by 2005
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The Securities and Exchange Commission (SEC) has approved the adoption of new accounting standards to be used on the financial reports submitted by companies starting January 2005.
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WASHINGTON (CBS.MW) - Arriving today, about a year later than originally planned, new rules for corporate reporting will likely show a weakness of internal controls at financial services firms.
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Company has revised its financial forecasts for the current quarter.
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The body that decides who will set accounting rules in the United States plans on Tuesday to propose changes aimed at enabling the Financial Accounting Standards Board to act faster.
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Under new federal legislation called the Check Clearing for the 21st Century Act, also called Check 21, the time taken for checks to clear will be much quicker than in the past.
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The Check Clearing for the 21st Century Act, or Check 21, takes effect Oct. 28. It is supposed to make check processing faster and more efficient by allowing banks to replace your paper checks with legal substitute
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The airline is expected to report on Thursday, that it is on track to make an operating profit in the current year to March 2005, however, for the first time in five years.
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The US accounting standard setting body on Wednesday will consider a new model for valuing employee stock options that could potentially resolve some concerns of companies opposed to compulsory options expensing.
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In a final statement on a stock-options rule, the Financial Accounting Standards Board says that companies must treat employee stock options as an expense on financial statements beginning in 2005.
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If you&#39;re looking to buy a car, or get rid of one, changes to the nation&#39;s tax code can make it wise to act before Jan. 1. Two new tax rules relate to autos, trucks, boats and other vehicles.
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The Motley Fool - In 2005, a little-known change in the tax law will let more people, primarily older and wealthier retirees, take advantage of moving funds from their traditional IRA to a Roth IRA.
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Mac users can get a peek at Excel Ledger Sheets in the updated suite, due to ship in January.
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The S.E.C. next week is expected to propose a rule that would allow foreign companies using international accounting standards to stop reconciling their financial statements to American rules.
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New rules aim to keep brokerages on the straight and narrow.
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Changes in CFOs are worth investigating.
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Proposed revisions to a landmark 2002 anti fraud law will include relaxing some rules for small public companies in a bid to curb what they say have been excessive costs related to audits, the Securities and Exchange Commission's accounting chief said yesterday.
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Fannie Mae, facing questions about its accounting similar to those that shook up Freddie Mac last year, has agreed to changes that will bring it in compliance with accounting standards.