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Accounting & Audit Alert November 2014


RubinBrown's Accounting & Auditing Alert is published monthly to inform our clients and contacts about relevant technical accounting and audit-related information.

FASB Issues Proposed Accounting Standards Update To Improve Codification

The Financial Accounting Standards Board (FASB) recently published an Exposure Draft titled Technical Corrections and Improvements.  


Private Company Council Reaches Final Consensus Related To Intangible Assets Acquired In A Business Combination

The Private Company Council has voted to send an accounting alternative that would simplify the accounting for intangible assets acquired in a business combination to the Financial Accounting Standards Board (FASB) for endorsement. 


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