Tax & Accounting Blog
Tax & Accounting Blog
The FASB issued Accounting Standards Update (ASU) No. 2018-03, Technical Corrections and Improvements to Financial Instruments—Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and…
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The SEC unanimously approved a statement and interpretive guidance to assist public companies in preparing disclosures about cybersecurity risks and incidents. SEC Chairman Jay Clayton…
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New ASU Issued The FASB issued an Accounting Standards Update (ASU) that helps organizations address certain stranded income tax effects in accumulated other comprehensive income…
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SEC Director of Corporation Finance (Corp Fin), William Hinman, recently discussed efforts by Corp Fin to implement SEC priorities and provided insight into future areas…
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When the AICPA issued Risk-Based Audit Standards years ago to better address audit risk, KCoe-Isom, LLP saw an opportunity to re-engineer its entire auditing process.…
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The AICPA has added new industry related content to its Audit and Accounting Guide (AAG), Revenue Recognition (Updated as of January 1, 2018). The new…
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The Financial Accounting Standards Board (FASB) has issued Accounting Standards Update (ASU) No. 2018-01, Leases (Topic 842): Land Easement Practical Expedient for Transition to Topic…
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The Financial Accounting Standards Board (FASB) has issued a proposed Accounting Standards Update (ASU) for public comment that is intended to help organizations reclassify certain…
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The Financial Accounting Standards Board (FASB) staff has issued a Staff Q&A document on whether private companies and not-for-profit organizations can apply U.S. Securities and…
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The FASB has decided to reduce costs and ease the implementation burden of the Leases standard for preparers by issuing a final Accounting Standard Update…
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