FEI Weekly

December 19, 2014

IASB hopes to simplify disclosure, multiemployer pension plans are cutting benefits, and companies race to grab Cuba opportunities.

IASB Amends Disclosure Guidance to Trim Glut

Wall Street Journal

Unnecessary and repetitive disclosures are mucking up corporate financial disclosure, and the International Accounting Standards Board wants to cut the clutter.

Pension Cuts: Prepare to Work Longer, Save More and Expect Less

Knowledge@Wharton

Benefits cuts in multiemployer pension plans that the U.S. Congress authorized last week have been a long time coming.

For U.S. Businesses and Tourists, Opportunities Abound in Cuba

Washington Post

U.S. businesses and potential tourists are scrambling to figure out new opportunities on the island and to position themselves at the head of the line.

How To Catch Those Fleeting Investment Opportunities

McKinsey

Companies are often too slow or too rigid to invest in new projects while they have an advantage. Here’s how they can be more agile.

FASB Releases 2015 GAAP Taxonomy in XBRL

Accounting Today

FASB said Thursday the the 2015 GAAP Financial Reporting Taxonomy is now available, although it is pending final acceptance by the SEC.