Financial Accounting Standards Research Initiative

We had an excellent discussion today with Bob Laux of Microsoft. Whether you are looking for research topics or good stories for your students–financial or managerial–you will find this a very interesting discussion. You can now watch the archive live by going here, waiting through a 15 second commercial, and then clicking the [...] Read more > >

Details on participation are here. On Wednesday, July 22nd, 11am ET, we will get a preparer’s perspective on the state and future of financial reporting standards from Bob Laux, Senior Director of Financial Accounting and Reporting at Microsoft.  Mr. Laux is responsible for Microsoft’s financial accounting, including  responding to GAAP questions and issues within Microsoft and [...] Read more > >

The issue of accounting for contingent rentals was a big part of the recent research brainstorming session on leasing.  I think that academics may have something to offer the FASB and others related to accounting for contingent rentals.  In particular, what can economic/finance theory tell us about the desirability of capitalizing expected contingent rentals? One of [...] Read more > >

We had a very interesting session yesterday to brainstorm ideas on leasing.  Thanks to another doctoral student for summarizing key parts of the discussion.  –RJB Despite the loss of power of our campus 15 minutes prior to the beginning of the office hour and the rush to set up everything on our backup battery, I, along [...] Read more > >

This week, office hours (Tue, June 2nd, 4pm ET) will consist of something a bit different.  In particular, I want to see if we can have an interactive session involving bouncing research ideas off of each other.  This is one of the types of sessions that we discussed during May 19th office hours. How can we [...] Read more > >

On Wed, March 4th, we will be joined (once more) by Danielle Zeyher, FASB Project Manager of the joint FASB/IASB leasing project.  In addition to getting an update on the status of the project, we will also have an open discussion of the extent to which academic research can inform standard setters.  As a springboard [...] Read more > >