Tax & Accounting Blog
Tax & Accounting Blog
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The Professional Ethics Executive Committee (PEEC) of the AICPA has published revisions to two Independence Rule Interpretations (a) “Information System Services and Information Systems,” and “State…
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The Public Company Accounting Oversight Board (PCAOB) has published a new staff guidance document, Rule 3526(b) Communications with Audit Committees Concerning Independence. In addition, the…
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The FASB issues Accounting Standards Update (ASU) No. 2019-06, Intangibles—Goodwill and Other (Topic 350), Business Combinations (Topic 805), and Not-for-Profit Entities (Topic 958): Extending the Private…
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SEC Proposal to Re-invent Quarterly Reporting The SEC issued a Concept Release in December 2018 focused on interim reporting by US companies (the “Concept Release”.) Concept…
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The Public Company Accounting Oversight Board (PCAOB) has published an additional staff guidance document, Implementation of Critical Audit Matters: A Deeper Dive on the Communication…
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The IASB has published proposed narrow-scope amendments to four IFRS Standards as part of its maintenance and improvements of Standards. Background Annual improvements are limited…
read moreThe FASB has issued Accounting Standards Update (ASU) No. 2019-05, Financial Instruments—Credit Losses (Topic 326): Targeted Transition Relief. This new ASU is designed to ease the transition…
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The FASB has issued a proposed Accounting Standards Update (ASU) intended to reduce cost and complexity for the accounting for income taxes. The proposal is…
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The SEC is proposing for public comment amendments to improve information investors receive regarding the acquisition and disposition of businesses. The proposal facilitates more timely access…
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The FASB is making a number of targeted changes to its new standard related to accounting for credit losses on financial instruments known as the…
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