MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 665.67

-0.9%

Nov 17 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Les H who wrote (57205)	7/27/2000 8:18:25 AM
From: Les H	Read Replies (1) of 99985

FASB Vies To Change Shipping And Handling Reporting Norwalk, CT--A recommendation from the Emerging Issues Task Force of the Financial Accounting Standards Board (FASB) could eventually change the way Wall Street investors evaluate catalog companies and Internet retailers. The FASB, a private nonprofit organization that establishes standards for financial accounting and reporting that are often backed by the Securities and Exchange Commission, met in late July to suggest changing several accounting issues among public companies. One recommendation is that such shipping and handling charges be classified as part of the costs of goods sold. It's unclear when the recommendations might affect catalogers, if at all. According to the FASB, some public companies often don't provide separate disclosure of shipping revenue and costs, making it difficult for analysts and investors to figure out exactly how much they are spending or possibly making on shipping and handling.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next