US GAAP Today – Winter 2014

Here is the electronic copy of the Winter 2014 edition of US GAAP Today.

During the Fall of 2013, the FASB’s efforts have been directed toward completing the revenue project. A final standard is in the wings for early 2014. The other main developments during the quarter were to define “public business enterprise” and ratify some EITF consensuses. In this edition, we provide updates on the various projects of the FASB, EITF and PCC.

The SEC staff participated in the annual conference on financial reporting for SEC registrants and we outline some of the highlights of the conference in US GAAP Today.