Financial Reporting


FASB issues employee compensation guidance ( www.rutgers.edu/accounting/raw/fasb/eitf/eitfissu.html#00-23 ).

FASB issues an exposure draft on accounting for goodwill ( www.rutgers.edu/accounting/raw/fasb/news/nr021301.html ). The comment period ended March 16.

Accounting for financial asset transfers, servicing addressed in FASB report ( accounting.rutgers.edu/raw/fasb/project/125summary.html#Q&A ).

SEC issues final rule that says mutual funds must disclose after-tax returns ( www.sec.gov/rules/final/33-7941.htm ). Effective April 16.

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Technology assessments may open the door to new engagement opportunities for your firm. What is a technology assessment? How do you perform one? JofA Tech Q&A author J. Carlton Collins shows you in a detailed explanation.

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A counterintuitive strategy can save taxes by including otherwise excludable scholarships in gross income.