June 21, 2022
The Public Company Accounting Oversight Board recently adopted amendments to its auditing standards to strengthen requirements that apply to audits involving multiple audit firms.
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June 16, 2022
The Financial Accounting Standards Board recently unanimously voted to remove from its technical agenda its project on identifiable intangible assets and the subsequent accounting of goodwill.
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June 16, 2022
The Governmental Accounting Standards Board recently issued guidance to enhance the recognition and measurement requirements for compensated absences and refine related disclosure requirements.
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June 13, 2022
The Financial Accounting Standards Board recently published an Invitation to Comment seeking input on potential GAAP guidance on recognition, measurement and presentation of government grants by businesses.
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June 13, 2022
The Governmental Accounting Standards Board recently issued guidance designed to improve the accounting and financial reporting requirements for accounting changes and error corrections.
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June 6, 2022
The AICPA Auditing Standards Board and Accounting and Review Services Committee have collectively released four new quality management standards designed to improve a CPA firm's risk assessment and audit quality.
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June 3, 2022
The IRS recently announced that beginning this month, its Employee Plans division will be pilot-testing a new pre-examination retirement plan compliance program in an effort to reduce the amount of time needed for exams.
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June 2, 2022
The AICPA Professional Ethics Executive Committee recently released two proposals that would update the AICPA Code of Professional Conduct.
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May 24, 2022
The Board of Trustees of the Financial Accounting Foundation recently announced it has released its draft strategic plan and is inviting public and stakeholder input on the plan’s contents.
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May 10, 2022
The AICPA recently issued new Technical Questions and Answers related to auditor reporting on supplemental information included in company annual reports.
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