Tax & Accounting Blog
Tax & Accounting Blog
FASB Issues ASU Related to Revenue Recognition and Leases Standards. The Financial Accounting Standards Board (FASB) has issued Accounting Standards Update (ASU) No. 2017-13 which adds,…
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Selected Procedures Engagements The AICPA has proposed a new engagement type that could be offered by accounting firms. The proposed service would provide flexibility for selected…
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The Financial Accounting Standards Board (FASB) has issued Accounting Standards Update (ASU) No. 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging…
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Implementation Status Companies are waking up to the fact that they are less than six quarters away from the effective date of the new lease…
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The SEC has issued two releases and the SEC staff has released a Staff Accounting Bulletin to update interpretive guidance regarding revenue recognition. The first…
read moreThe SEC has issued for public comment a Notice of Filing of Proposed Rules on The Auditor’s Report on an Audit of Financial Statements When…
read moreAll audits require documentation, but that doesn’t mean firms are documenting audits sufficiently. In fact, common audit deficiencies identified in peer review often involve lack…
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Cut through the clutter and uncover some of the most important issues you’re likely to face in 2016, if you haven’t faced them already! Whether…
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