CPA Never under estimate the value
The businesses the COVID-19 pandemic has pushed to the brink of failure still face some unprecedented challenges regarding compliance with the going concern disclosure guidance.
Source: JOA News
Read More here – Pandemic still complicates going concern disclosures
The IRS has posted two sets of FAQs that explain changes to the child and dependent care credit and to the sick and family leave credits made by the American Rescue Plan Act.
Source: Tax News
Read More here – IRS posts ARPA credit FAQs
The IRS has posted two sets of FAQs that explain changes to the child and dependent care credit and to the sick and family leave credits made by the American Rescue Plan Act.
Source: JOA News
Read More here – IRS posts ARPA credit FAQs
New IRS final regulations clarify when a federally declared disaster will lead to mandatory 60-day postponement of certain tax-related deadlines.
Source: Tax News
Read More here – Regs. on postponing tax deadlines due to federally declared disasters
New IRS final regulations clarify when a federally declared disaster will lead to mandatory 60-day postponement of certain tax-related deadlines.
Source: JOA News
Read More here – Regs. on postponing tax deadlines due to federally declared disasters
Revenue recognition issues for employee benefit plans are addressed in proposed implementation guidance issued by the AICPA Financial Reporting Executive Committee.
Source: JOA News
Read More here – FinREC addresses EBP revenue recognition implementation
Experienced CPA financial planners share best practices to help you establish yourself as a trusted adviser and ensure a successful and productive engagement.
Source: JOA News
Read More here – What CPAs must do at the first financial planning meeting
A new standard issued by the AICPA Auditing Standards Board provides guidance on auditing the fair value of financial instruments, with a focus on the use of pricing services. The ASB also modernized its standards related to the use of specialists by management and auditors.
Source: JOA News
Read More here – New standard addresses investments, specialist matters
Reporting on environmental, social and governance information is becoming increasingly important. Internal audit’s independent advisory and assurance work can help organizations get it right.
Source: JOA News
Read More here – Internal audit has pivotal role in ESG reporting
Finance ministers for the G7 reached an agreement on Saturday supporting a global minimum tax rate of at least 15%. Here’s how it would work and what might happen next.
Source: JOA News
Read More here – What is a global minimum tax and what will it mean?
