Articles in Corporate Accounting

WASHINGTON’S NEW TAX LAWS TARGET BUSINESSES, DEALS, DIRECTORS AND OFFICERS

Date: April 26th, 2010

On April 23, 2010, Governor Christine Gregoire signed into law a $794 million tax-increase bill. The new law, known as Second Engrossed Substitute Senate Bill 6143-S.PL(2ESSB 6143), is 113 pages long and covers numerous issues, but four issues struck me as being particularly relevant to … Read More »

FASB MOVES CLOSER TOWARD SIGNIFICANT REVISION OF FINANCIAL STATEMENT STANDARDS

Date: November 3rd, 2009

On September 23, 2009, the Financial Accounting Standards Board (“FASB”) tentatively decided that entities will be required to present financial statement items in sections that distinguish between business activities (value creating activities) and financing activities (funding of that value creation) in each of the financial … Read More »