Don’t Politicize the FASB! A Plea from the Accounting Academy
October 14, 2019
Andrew Belnap, Scott Dyreng and I recently wrote the following letter to the FASB, which was cosigned by about 45 accounting professors. The full letter, and list of cosigners, can be seen here.
We wrote it after reading several of the letters here, many of which suggested we should have public country-by-country reporting because it would help to enforce the tax law. We disagree that this is a valid reason to have public country-by-country reporting, as we write below: More