Tax & Accounting Blog
Tax & Accounting Blog
The Governmental Accounting Standards Board (GASB) has issued Statement No. 95, Postponement of the Effective Dates of Certain Authoritative Guidance, as agreed to at the GASB’s meeting…
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The AICPA’s Peer Review Board (PRB) met by conference call on Thursday, May 7, 2020 and approved a six month extension for 2020 peer reviews,…
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The Governmental Accounting Standards Board (GASB) has issued the Exposure Draft, Postponement of the Effective Dates of Certain Authoritative Guidance. This exposure draft proposes postponement…
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The International Accounting Standards Board (IASB) held a supplementary meeting on April 17, 2020, to discuss COVID-19 related matters. At that meeting, the IASB decided…
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The FASB issues a proposed Accounting Standards Update (ASU) that grants a one-year effective date delay for certain stakeholders applying the leases and revenue recognition…
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In this world turned upside down, how do auditors navigate audits virtually, with quality? That is the question we will address in this blog post.…
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The IASB has proposed amendments to IFRS Standards to assist companies in providing useful information to investors about the effects of interest rate benchmark reform on financial…
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The FASB held a public meeting to approve measures intended to provide stakeholders with accounting relief and clarity during the COVID-19 crisis. When the FASB held a…
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Examination of 400 peer reviewed audits indicates that over 50% of firms do not comply with risk assessment standards. That’s a significant number of firms.…
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The FASB is monitoring and responding to the COVID-19 (coronavirus) pandemic situation and is committed to supporting and assisting its stakeholders during this difficult time.…
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