A financial tsunami with enough power and punch to change the financial services landscape forever just hit the global markets when GE chairman Jeffrey Immelt announced his plan to divest most of GE Capital over the next two years. It... read more
The current update on the lease accounting project is both the FASB and IASB staffs are drafting the new rules. There are still some small open issues and some due process steps but they expect the boards to issue a... read more
Monitor mystery writer Dexter Van Dango gives us a lesson on Harvard Business School professor and author Michael Porter and his Five Forces of Competition, asking, “How do you stack up?”
In his latest update on the IASB Leases Accounting Model, Bill Bosco reports that the IASB report ignores important issues that IASB preparer CFOs will face in operating under their proposed one lease model.