FASB Aims to Ease LIBOR Phaseout
With the London Inter-bank Offered Rate (aka LIBOR) on its way out, U.S. companies are searching for off-ramps to shift to new lending benchmarks. The...
At SEC, Ordinary Business Gets Unusual
The SEC calls it “ordinary business.” But lately, it hasn’t felt too usual. On Oct. 16, the SEC Division of Corporation Finance, aka CorpFin,...
FASB Reality Check Produces Delays for New Accounting Standards
The Financial Accounting Standards Board (FASB) has learned some tough lessons in 2019 about the differences between pie-in-the-sky planning and on-th...
Shareholder Activists Turn Attention to Gun Violence
Deadly mass shootings this year in places like El Paso and Dayton have yet to produce new gun-safety laws in the United States. Instead, Capitol Hill ...
Companies Enlist Media to Avoid Gag on Non-GAAP Earnings
It’s like the old problem of the tree falling in the forest: if your positive earnings never get reported to the public, did they even make a sound?...
Beyond Meat Grilled Over Disclosure Requirements
Life has been pretty yummy for Beyond Meat lately. Since going public in May, the company and its investors have been on a magical ride. Except for a ...