If you were to pose a question to any undergraduate accounting major with familiarity about IFRS as to what is the primary distinction between IFRS and U.S. GAAP, you’d probably get the response that IFRS is principles based and U.S. GAAP is rules based. It’s a notion that was promoted by former IASB Chairman Sir [...] Read more > >
I’ve finally taken the chance to read sections of the Frank-Dodd Act, rather than journalist’s reports and opinions about the Frank-Dodd Act. (Incidentally, if the Sarbanes-Oxley Act was referred to as SOX, what will the Frank-Dodd act be referred to as? FD, FDA, or perhaps Frodd?) I’ve found a number of interesting tidbits that I [...] Read more > >
The Wall Street Journal has an interesting article about the top economics blogs. If you don’t read many blogs, you should definitely read the article and navigate along to the websites. They even provide a listing of 30 recommended econ/finance blogs. That said, I would like to emphasize that the FASRI blog has a goal [...] Read more > >
Felix Salmon of Reuters has written a very interesting article about the nature of blogging. It is directed at journalists, not researchers, so it isn’t exactly on point. But if you are interested in contributing to our blog, it is worth a look. This point in particular gets at one of the more uncomfortable parts [...] Read more > >
Yesterday I learned that Mark and Aaron Zimbelman have an accounting blog, FraudBytes. It’s nice to be able to welcome another established accouting academic (and an up-and-comer) to the world of new media. I have added FraudBytes to our blogroll (see the left column), and also took the opportunity to conduct a short email interview, [...] Read more > >