John Brian Fast, CPA

Accounting, Auditing, Taxes, & Technology



Current Accounting Topics

Not all metrics are good metrics

  When it comes to metrics be careful what you wish for.

New proposed accounting standard for puts and calls

  The Financial Accounting Standards Board (FASB) updates the standards for put and call options.

Changes to changing to the equity method of accounting

  Moving to the equity method of accounting should be easier.

Is Valeant’s credibility shattered?

  Does Valeant’s accounting make any sense?

Valeant accounting questioned

    If you are a pig on pricing should we trust your accounting?     The disclosure that Valeant Pharmaceuticals International Inc. improperly booked $58 million in revenue came as a relief to some investors, while others viewed the… Continue Reading →

Leases must now be disclosed on the balance sheet

  A lease is a financial obligation. It can be hidden no more.

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