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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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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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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Firms Are Preparing for New Technologies. If you’re like many firms, you’ve leveraged technology to automate and gain greater efficiency for what used to be…
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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…
read moreThe AICPA has issued Statement of Position (SOP) 17-1, Performing Agreed-Upon Procedures Related to Rated Exchange Act Asset-Backed Securities Third-Party Due Diligence Services as Defined by…
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Auditor’s Report Changes The SEC unanimously approved a PCAOB auditing standard that requires significant enhancements to certain public company auditor’s reports, including the communication of…
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The SEC has scheduled an open meeting for Wednesday, October 11, 2017, to consider whether to: Propose amendments based on the recommendations in the SEC…
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