FASB Proposes ASU on Long-Duration Contracts
Proposal The FASB proposed an ASU on long-duration contracts today. The FASB issues proposed Accounting Standards Update (ASU) that would grant all insurance companies that issue…
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Why Audit Quality Matters
Why does audit quality matter? Well, first and foremost, the audit landscape has changed due to changing peer review requirements. To explain, the AICPA’s Enhancing…
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GASB Releases Implementation Guide on Accounting for Leases
The Governmental Accounting Standards Board (GASB) has issued Implementation Guide No. 2019-3, Leases. Implementation Guide No. 2019-3 contains questions and answers about GASB Statement No. 87, Leases,…
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“Audit Talks – LIVE” Virtual Conference Helps Auditors Take Advantage of the Rapid Changes to Their Profession
Top of mind topics for auditors today During a recent two-day “Audit Talks – LIVE” virtual conference, experts from the Tax & Accounting division of…
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2019 Public Entities Updated
Who’s ready for 2019 Public Entity Audits? It’s that time of year again. Time to check out the updates and enhancements to 2019 Knowledge-Based Audit…
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SEC Proposes to Modernize Disclosures Under Regulation S-K
The SEC proposed amendments to modernize the description of business (Item 101), legal proceedings (Item 103), and risk factor disclosures (Item 105) that registrants are…
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The Future of Audit and Technology – Are you ready?
When it comes to the future of audit and technology, are you ready? What image comes to mind when you hear ‘the Future’? John F.…
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FASB Proposes to Improve Guidance on Distinguishing Liabilities from Equity
The FASB has issued an exposure draft proposing to improve guidance on distinguishing liabilities from equity, including convertible instruments. Stakeholders are asked to review and provide…
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Adding Value with CCH Axcess™ Financial Prep
At times, learning new software is frustrating and time consuming. That is especially true when you know the old software so well. However, at BNA…
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Come and reimagine your audit practice
Investing in learning opportunities is a necessity when it comes to increasing your knowledge and advancing your career. That investment involves time, money or both…
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