SEC Adopts Money Market Fund Reforms
The Securities and Exchange Commission (SEC) recently adopted amendments to certain rules that govern money market funds under the Investment Company Act of 1940.
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All Featured (38) For the Public (148) Tax News (423) Accounting & Auditing (207) Business & Industry News (125) Regulatory News (112) Legislative News (47) Chapter News (17) Young CPAs (60) Students (90) TSCPA Press Releases (47)Showing : 31–40 of 207
FASAB Issues Exposure Draft, Transitional Amendment to SFFAS 54
The Federal Accounting Standards Advisory Board recently announced that it is seeking input on the exposure draft of a proposed Statement of Federal Financial Accounting Standards titled Transitional Amendment to SFFAS 54.
View MoreISSB Issues Inaugural Global Sustainability Disclosure Standards
The International Sustainability Standards Board recently issued its inaugural standards, IFRS S1 and IFRS S2, intended to improve trust and confidence in company disclosures about sustainability to inform investment decisions.
View MorePCAOB Releases Expanded Details on Priorities for Audit Inspections
The PCAOB recently released a resource document including expanded details about its priorities for 2023 audit inspections, most notably risk of fraud, risk assessment and internal controls, and auditing and accounting risks.
View MoreAICPA PEEC Proposes Changes to Code of Professional Conduct
As part of its efforts to align the AICPA Code of Professional Conduct with that of the International Ethics Standards Board for Accountants, the AICPA Professional Ethics Executive Committee released for public comment an exposure draft regarding public interest entities.
View MorePCAOB Issues Proposal on Auditor Reporting of Noncompliance
The Public Company Accounting Oversight Board recently issued for public comment a proposal that would amend PCAOB auditing standards related to the auditor’s responsibility for considering a company’s noncompliance with laws and regulations, including fraud.
View MoreFASAB Proposes Changes to Leases Guidance
The Accounting and Auditing Policy Committee of the Federal Accounting Standards Advisory Board recently released an Exposure Draft Technical Release: Leases Implementation Guidance Updates.
View MorePCAOB Revises Standard-setting Agenda and Adds Rulemaking Projects
The staff of the Public Company Accounting Oversight Board recently released a revised standard-setting agenda that includes the addition of two projects slated for short-term action.
View MoreMistakes Happen: Common 401(k) Plan Errors and How To Fix Them
From ERISA to the Internal Revenue Code (“IRC”) to regulations to pieces of sub-regulatory guidance hidden away on governmental websites, a complicated web of sources governs qualified retirement plan compliance—and for all the parties involved, ensuring retirement plans adhere to the litany of federal legal requirements can be overwhelming. Despite the best of efforts, mistakes can and do happen all too often.
View MoreAccounting for Receivables and Payables on Cash-basis Balance Sheets: How To Account For Your Client’s Bookkeeping Software Functionality
The use of bookkeeping software, such as Quicken, QuickBooks and Peachtree/Sage50, has permeated the accounting field in recent years. Most of these bookkeeping software market themselves as your client’s business partner.
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