Tax & Accounting Blog
Tax & Accounting Blog
The IASB has issued narrow-scope amendments to IFRS Standards that improves accounting policy disclosures and clarifies distinction between accounting policies and accounting estimates. The amendments…
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The FASB issues an Accounting Standards Update (ASU) that delays and eases early adoption provisions for long-duration insurance guidance to help insurance companies adversely affected…
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The International Public Sector Accounting Standards Board (IPSASB) has issued Exposure Draft 73, Covid-19: Deferral of Effective Dates, which proposes an effective date extension for…
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FASB approves new standards and a proposes effective date delay. The two upcoming Accounting Standards Updates (ASUs) are: one that improves financial reporting associated with…
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The FASB issues an Accounting Standards Update (ASU) that offers limited effective date delays on revenue recognition and leases standards. It grants a one-year effective…
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The FASB met on Wednesday, May 20, 2020 and voted to extend the effective date of Topics 606, Revenue from Contracts with Customers, and 842,…
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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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