May 11, 2022
The Tennessee Department of Revenue recently issued Important Notice #22-04 regarding the availability of business tax wholesaler/retailer certificates to taxpayers.
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May 9, 2022
The Governmental Accounting Standards Board recently issued guidance addressing various accounting and financial reporting issues identified during the implementation and application of certain GASB pronouncements or during the due process on other pronouncements.
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April 20, 2022
The Financial Accounting Standards Board recently issued a proposed Accounting Standards Update regarding two issues related to reference rate reform.
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April 15, 2022
The Public Company Accounting Oversight Board recently issued new requirements for auditing accounting estimates and fair value measurements and using the work of specialists.
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March 31, 2022
The Financial Accounting Standards Board recently issued an Accounting Standards Update intended to improve the decision usefulness of information provided to investors about certain loan refinancings, restructurings and writeoffs.
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March 23, 2022
The AICPA Auditing Standards Board is proposing a new Statement on Auditing Standards intended to enhance the quality of group audits.
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March 22, 2022
The FASB recently announced that the SEC has accepted the 2022 GAAP Financial Reporting Taxonomy and the 2022 SEC Reporting Taxonomy. The FASB also finalized the 2022 DQC Rules Taxonomy.
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March 21, 2022
The Securities and Exchange Commission recently proposed rule changes that would require registrants to include certain climate-related disclosures in their registration statements and periodic reports.
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March 9, 2022
The Securities and Exchange Commission recently proposed amendments to its rules to enhance and standardize disclosures regarding cybersecurity risk management, strategy, governance and incident reporting by public companies.
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March 1, 2022
For peer reviews commencing on or after July 1, 2021, audits and the related compliance and exemption engagements for SEC-registered broker-dealers are no longer included in the scope of peer review; however, there is still an impact on peer reviews of firms that perform these types of engagements.
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