= Member Only
Showing : 61–70 of 206
The Financial Accounting Foundation recently announced it will provide free, enhanced online access to the Accounting Standards Codification® and the Governmental Accounting Research System™ in an effort to make financial accounting standards more widely accessible to stakeholders and the public.
View MoreBy now, you should be aware of the new Statement of Quality Management Standards (and related new audit and compilation and review standards) issued in June 2022. The July/August 2022 Tennessee CPA Journal included a good article that covered the requirements of these new standards. Every firm that performs attest work will be impacted by these changes.
View MoreIf change is the only constant, then we understand the current dynamic economic environment will introduce challenges and opportunities. As a profession, we are learning how to better respond to the challenges and leverage the opportunities of the future. The discussion that follows provides some thoughts on some of the challenges and opportunities that are coming in 2023 and beyond.
View MoreFASB recently issued several tentative board decisions regarding its project on the disaggregation of income statement expenses.
View MoreThe PCAOB recently issued for public comment a proposed new standard intended to strengthen and modernize the requirements for the auditor’s use of confirmation.
View MoreFASB recently made several tentative decisions regarding its project on cryptoasset disclosure, including the decision to produce an Accounting Standards Update exposure draft.
View MoreThe FASB recently released the 2023 GAAP Financial Reporting Taxonomy and the 2023 SEC Reporting Taxonomy, collectively referred to as the GAAP Taxonomy.
View MoreThe Financial Accounting Standards Board recently issued an Accounting Standards Update that amends transition guidance in ASU 2018-12, Financial Services—Insurance (Topic 944): Targeted Improvements to the Accounting for Long-Duration Contracts (LDTI), for contracts that have been derecognized because of a sale or disposal of individual or a group of contracts or legal entities before the LDTI effective date.
View MoreNASBA and the AICPA recently issued proposed revisions to the Statement on Standards for Continuing Professional Education Programs for public comment.
View MoreThe PCAOB recently released an interim report evaluating the effect of a 2017 standard requiring the identification and reporting of critical audit matters (CAMs) in audit reports.
View More