SEC Chairman Cautions on the Authority Given SEC Staff Views
SEC Chairman Jay Clayton issued a statement clarifying the authority given to SEC staff views vs. the official rules and regulations issued by the SEC.…
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Senate Confirms Roisman as SEC Commissioner
The U.S. Senate confirmed Elad L. Roisman as SEC Commissioner for a term expiring June 5, 2023. Roisman is an attorney and previously worked as…
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FASB Issues Standard on Cloud Computing Arrangements.
Cloud Computing Arrangements The FASB has issued Accounting Standards Update (ASU) 2018-15, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in…
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FASB Amends Disclosure Requirements for Defined Benefit Plans.
The FASB has issued ASU No. 2018-14, Compensation—Retirement Benefits—Defined Benefit Plans—General (Subtopic 715-20): Disclosure Framework—Changes to the Disclosure Requirements for Defined Benefit Plans, that applies…
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FASB Amends Disclosure Requirements for Fair Value Measurement
FASB Issues Changes to the Disclosure Requirements for Fair Value Measurement The FASB has issued Accounting Standards Update (ASU) No. 2018-13, Fair Value Measurement (Topic…
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2018 Single Audits – Updated and Enhanced
When it comes to audit methodology for single audits, the best methodology available to you is Wolters Kluwer’s Knowledge-Based Audit (KBA) Methodology. As a result,…
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SEC Adopts Amendments to Simplify and Update Disclosure Requirements
The SEC announced that it has voted to adopt amendments to certain disclosure requirements that have become duplicative, overlapping, or outdated in light of other…
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Safaris are Great in Africa, but not for your Workpaper Management Process!
Tax Managers are faced with constant change. That’s why it’s important to remember tips to save time with your Workpaper Management process to achieve all that…
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New FASB Guidance Improves Accounting for Long-Duration Insurance Contracts
FASB Issues ASU on Accounting for Long-Duration Insurance Contracts The FASB has issued an Accounting Standards Update (ASU) that improves financial reporting for insurance companies…
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Attendees Know Best – The CCH User Conference Experience
Key Events Between Deadlines August is upon us, and very soon we will be entering the cooler fall months. It’s during these upcoming months that…
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