On the science/entertainment TV show, Mythbusters, a zany cast of characters attempt to smash various colorful or popular myths to smithereens (often literally) using the scientific method (sort of). Can duct tape really be used to float a boat? Which…
I recently recorded a podcast for Compliance Week with editor Matt Kelly, who interviewed me on the SEC's most recent statement on IFRS—a clear detour from the original Roadmap by any reasonable estimation. Matt gave me some sample questions in…
The accounting world has been all aflutter since last Friday, February 19th, when at what must have been the latest possible moment, the SEC announced that it will hold a meeting tomorrow, February 24th, to "…consider whether to publish a…
Far too often (like here), I have been compelled to point out that "presented fairly" is much more sizzle than steak. I, myself, am sizzled over the fact that convergence with IFRS seems to be pushing financial reporting further from "fair,"…
This is a brief announcement of an online IFRS survey that I have prepared with Pat Walters of Fordham University. I invited Pat to collaborate with me because we have divergent views on the questions being asked. Thus, I hope that…
Given my public record of opposition to IFRS adoption, you might be surprised to know that I have taught courses on IFRS for over ten years, beginning in Switzerland and the UK. If anybody is interested, I will be presenting a…