Financial Reporting


FASB report recommends measures to lessen redundancies in GAAP, SEC disclosure requirements ( accounting.rutgers.edu/raw/fasb/news/nr030601.html ; accounting.rutgers.edu/raw/fasb/brrp/brrp3.html ).

FASB offers guidance on accounting for transfers, servicing of financial assets ( accounting.rutgers.edu/raw/fasb/news/nr021501.html ).

Corporate annual reports, disclosures to receive more SEC scrutiny ( www.sec.gov/news/speech/spch464.htm ).

SEC to propose rule on electronic reporting and recordkeeping ( www.sec.gov/rules/proposed/33-7955.htm ).

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QUIZ

News quiz: Senate health care bill in the spotlight

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