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March 26, 2008FASB Statement No. 161
Last week, the Financial Accounting Standards Board (FASB) issued FASB Statement No. 161, Disclosures about Derivative Instruments and Hedging Activities. The new standard is intended to improve financial reporting about derivative instruments and hedging activities by requiring enhanced disclosures to enable investors to better understand their effects on an entity's financial position, financial performance, and cash flows. It is effective for financial statements issued for fiscal years and interim periods beginning after November 15, 2008, with early application encouraged.
March 06, 2008Fair Value Changes for Business Combinations
Fair value in connection with business combinations will see significant changes after December 31,2008. Quist Valuation's Denise Curd discusses the new 141R and the general process of allocating the purchase price of a transaction in this Accounting Best Practices Podcast with Steve Bragg. The podcast is Episode 61 and can be found at here.
March 04, 2008Quist Profiled by Apple
As many of you have heard us preach, Quist Valuation has always stood out in the market place by being on the cutting edge of technology. However, you no longer have to take out word for it. Quist has been recognized by Apple as a leader in integrating new technologies into the work place. Please be sure to check out our profile and all the exciting tools we are utilizing at Apple.com.
