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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.  

11/03/2014

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. 

 

Readers should not act upon information presented without individual professional consultation.