Accounting Today: Looking back and forward from 2012

What really happened? A couple of real accounting changes occurred, but world accounting convergence got derailed.

Two changes to public company accounting took hold in 2012: the change on the test for impairment of goodwill on the balance sheet and a change in how comprehensive income is presented in the financial statements. Read this client-written piece for Accounting Today that was also placed in Colorado Biz.