FASB Proposes Changing Standards for Insurance Contracts

The Financial Accounting Standards Board has issued a proposed accounting standards update for improving the financial reporting for long-term insurance, contracts, including life insurance, disability income, long-term care and annuities.…

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FASB proposes targeted changes to hedge accounting rules

FASB proposed targeted changes to hedge accounting standards on Thursday that are designed to help statements provide an accurate depiction of how an organization manages risk. The board proposed that…

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FASB Updates Stock-Award Accounting Rules

Finance chiefs will soon have an easier time accounting for stock-based employee compensation. The Financial Accountant Standards Board simplified U.S. accounting rules on how companies account for employee stock awards…

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