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New proposals planned for business combinations, consolidations, and stock compensation plans

✍ Scribed by Munter, Paul


Publisher
John Wiley and Sons
Year
1999
Tongue
English
Weight
56 KB
Volume
10
Category
Article
ISSN
1044-8136

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✦ Synopsis


B ased on the Financial Accounting Standard Board's (FASB's) current plan, 1999 could shape up to be a very active year. The FASB currently has the following technical projects on its active agenda: (1) business combinations, (2) consolidations, (3) financial instruments, (4) impairment issues, (5) obligations associated with retirement of long-lived assets, ( 6) not-for-profit issues, (7) present-value-based measures, and (8) stock compensation issues. We will briefly look at the status of each of these projects and the FASB's current plans.


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I n a very active first half of the year, the Financial Accounting Standards Board (FASB) has issued proposals on several fronts, including consolidations, stock compensation, asset securitizations, and interest method computations. Additionally, the FASB delayed, for one year, the mandatory adoptio