Author Archives: admin

  • 0

IRS sets start date for tax season, will issue refunds during government shutdown

The IRS announced that tax season will start in late January and that it will issue refunds to taxpayers despite the partial shutdown of the federal government.
Source: Tax News
Read More here – IRS sets start date for tax season, will issue refunds during government shutdown


  • 0

IRS sets start date for tax season, will issue refunds during government shutdown

The IRS announced Monday evening that tax season will start in late January and that it will issue refunds to taxpayers despite the partial shutdown of the federal government.
Source: JOA News
Read More here – IRS sets start date for tax season, will issue refunds during government shutdown


  • 0

AICPA publishes broker-dealer working draft

The AICPA Financial Reporting Executive Committee has published a working draft of an illustrative note to financial statements of SEC-registered broker-dealers.
Source: JOA News
Read More here – AICPA publishes broker-dealer working draft


  • 0

Changes related to peer review proposed for UAA

The National Association of State Boards of Accountancy (NASBA) is proposing changes to the Uniform Accountancy Act (UAA) Model Rules related to peer review programs.
Source: JOA News
Read More here – Changes related to peer review proposed for UAA


  • 0

GASB proposes implementation guide for fiduciary activities standard

GASB published a proposed implementation guide that provides questions and answers about the board’s new standards for state and local government accounting and financial reporting for fiduciary activities.
Source: JOA News
Read More here – GASB proposes implementation guide for fiduciary activities standard


  • 0

ASB changes align GAAS with PCAOB standards

The AICPA Auditing Standards Board voted to issue a new standard that will more closely align generally accepted auditing standards and the Public Company Accounting Oversight Board’s standards.
Source: JOA News
Read More here – ASB changes align GAAS with PCAOB standards


  • 0

6 tips for developing critical audit matter disclosures

New PCAOB rules require disclosure of critical audit matters encountered by auditors during the engagement. Here are some suggestions firms can use to identify critical audit matters.
Source: JOA News
Read More here – 6 tips for developing critical audit matter disclosures


  • 0

PCAOB strengthens rules for auditing estimates, supervising specialists

The PCAOB voted to approve a new standard and amendments for auditing accounting estimates, including fair value measurements, and using the work of specialists.
Source: JOA News
Read More here – PCAOB strengthens rules for auditing estimates, supervising specialists


  • 0

Sec. 199A: Questions and answers

Jeff Bilsky, CPA, senior practice leader for BDO’s national partnership taxation group, sat down recently for a question-and-answer session on guidance that has been issued on the Sec. 199A qualified business income deduction.
Source: Tax News
Read More here – Sec. 199A: Questions and answers


  • 0

How audit committees can oversee FASB standard adoption

Audit committees have a lot to consider as 2018 concludes with adoption of game-changing accounting standards in full swing at many companies.
Source: JOA News
Read More here – How audit committees can oversee FASB standard adoption