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Investors' New Worry: Questionable Accounting (USA Today) - Energy company SunEdison this week warned it found problems in its accounting resulting in the delay if its annual report. SunEdison's warning comes just one day after struggling drugmaker Valeant said accounting problems would result in it delaying its annual filing.
FASB Moves Forward on Financial Instruments (JofA) - Changes to GAAP that FASB issued affect recognition and measurement of financial instruments for public and private companies, not-for-profits, and employee benefit plans that hold financial assets or owe financial liabilities.