An upcoming Auditing Standards Board proposal is the latest example of a standard setter providing a mechanism for auditors to provide more value.
Source: JOA News
Read More here – Rulemaking gives auditors a chance to provide more insight
Accounting rules for hedging are designed to be better aligned with a company’s risk management activities under a new standard issued by FASB.
Source: JOA News
Read More here – New FASB standard aims to simplify hedge accounting
The SEC has issued a staff accounting bulletin to bring its existing guidance into conformity with FASB’s new revenue recognition standard.
Source: JOA News
Read More here – SEC conforms staff guidance to new FASB revenue recognition rules
The PCAOB is urging audit firms to take steps to bring about higher quality in audits of brokers and dealers, according to a report issued Friday.
Source: JOA News
Read More here – PCAOB urges improvement in broker and dealer audits
When professionals prepare written material for readers inside their organization or outside, they should make sure that no errors distract from the message they need to convey. Take this short quiz for practice in subject-verb agreement.
Source: JOA News
Read More here – Quiz: 8 sentences to help you master subject-verb agreement
New rules proposed by FASB are designed to make it easier for organizations to decide if a transaction should be accounted for as a contribution or exchange.
Source: JOA News
Read More here – FASB proposes changes to grant and contribution accounting
Here’s what organizations need to consider as they implement the new FASB rules—and why it’s smart to start that work promptly.
Source: JOA News
Read More here – Why lease accounting laggards face serious risks
The AICPA’s measure of financial pleasure versus financial pain continued to show that Americans’ well-being was on the rise.
Source: JOA News
Read More here – News quiz: Behind a rise in personal financial well-being
New AICPA ethics standards address independence, confidentiality, and transfer of client files related to mergers and acquisitions.
Source: JOA News
Read More here – How to comply with the new AICPA ethics standards for M&A
