Accountancy Reform

Well, that's nice. I had been assuming that the prospective revolution in financial statement presentation would be the one last innovation in my syllabus that would drive me into retirement. Looks like it may not be coming as fast as I thought (link). It's beginning to remind me a little of the dustup back towards the other end of my career over what finally became the "Cash Flow Statement"--but only after an inglorious and time-consuming false start.