Financial Reporting

June 1, 2001

Please note: This item is from our archives and was published in 2001. It is provided for historical reference. The content may be out of date and links may no longer function.

August 6, 2026

IRS adds notices, payment features to business tax accounts

August 5, 2026

IRS guidance addresses expanded paid family and medical leave credit

August 5, 2026

FASAB provides new guidance on public-private partnerships disclosures

Tax
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Accounting & Reporting

A FASB report de-emphasizes “new economy” considerations and recommends cooperation among national and international standard setters to improve business and financial reporting. Comments are due by July 1 ( accounting.rutgers.edu/raw/fasb/sr_new_economy.pdf ).

FASB plans to issue final statements in July on business combinations and intangible assets. The new rules likely will require a two-step impairment test for goodwill writedowns ( accounting.rutgers.edu/raw/fasb/project/buscomsumm.html ).

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Financial Reporting

IRS adds notices, payment features to business tax accounts

IRS guidance addresses expanded paid family and medical leave credit

FASAB provides new guidance on public-private partnerships disclosures

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