I'm looking for a website or source that has a compilation of FASB statements in a digestable form. For example, if I want to know what Statement No. 123 is, then I can just do a CTRL+F and look for it, but also see a summary there as well instead of having to click on an additional PDF file. Anyone have something like this?
| +309 | UBS in Shambles as Proposed $100k H1B Fee Looms | 67 | 5d |
| +105 | I think I’m logging off after ER visit | 21 | 4d |
| +97 | Article: UBS Quietly Hollowing Out Its Onshore Workforce and Rebuilding the Bank in India | 25 | 5d |
| +91 | Fitting In as a first gen | 28 | 1d |
| +81 | Is it Bad That I ALREADY Don’t Care? | 24 | 1d |
| +52 | Consulting Son or CorpDev Daughter? | 6 | 3d |
| +50 | AI Creating More Work | 15 | 1h |
| +50 | Senior Banker's Guide to IB Recruiting / Group Placement (with a Healthcare Bent) | 6 | 7m |
| +45 | Shit PWP Culture | 32 | 2h |
| +44 | How easy was recruiting for you? | 21 | 3d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Summaries, no.
Here's a pretty good resource for all kinds of pronouncements though:
http://www.fasb.org/st/#ftb%2001-1
Search allbusiness.com. The site has some nice easy to read summaries on SFAS 141, 142, 144, and 123R (and other SFAS..) covering option valuation for employee stock options. In a nutshell, use black-scholes to value unexercised options, and deduct from your estimated equity value per share.
Anything using black-scholes and "guessed" volatilities is always a grey area. Plus you're not too sure which options would eventually get exercised, so you may have to assume the worst scenario (100% exercise rate) to be on the safe side, then deduct from estimated equity value.
On the reporting side, as per 123R, all issued stock options must be valued (Black-scholes) and expensed on the I/S, potentially lowering EPS.
hi randomwalk, that was the original one I've been using, but it's annoying to have to click on "Summary" to see the summary. What I want to also be able to do is to know in advance the accounting rule and then do a Ctrl+F to see which Statement No. it applies to. Thx for the effort tho.
Est iure rem nihil mollitia. Sapiente quisquam et at tenetur iusto quae architecto. Alias dolorem veritatis veritatis placeat. Sequi tenetur debitis est consequatur porro voluptates. Iusto totam veniam consequatur assumenda magni.
Quisquam ipsa eaque voluptatem distinctio ut harum. Voluptas vel rerum rerum. Consequatur quam nostrum illo voluptatem vero cupiditate atque. Occaecati blanditiis odit iste qui enim dignissimos. Dignissimos expedita esse molestiae tenetur maxime. Non sint consequatur consequuntur explicabo nobis autem recusandae.
Velit assumenda odio et eum velit. Ducimus unde nulla velit nihil perspiciatis fugiat. Ut eveniet amet aut dolores. Consequatur consequatur natus non voluptates ut itaque sit.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...