Recent Changes in Financial Reporting Standards
13 Pages Posted: 17 Jun 2002
Date Written: June 2002
The Financial Accounting Standards Board (FASB) periodically issues new financial reporting standards that affect the way firms measure and report the results of their business activities. This article summarizes and illustrates recent financial reporting standards involving corporate acquisitions, asset impairments, and derivatives.
JEL Classification: M41, M44
Suggested Citation: Suggested Citation