Technical corrections issued by the AICPA clarify the definition of “covered member” in the AICPA Professional Standards and the independence rules for agreed-upon procedure engagements under the Statements on Standards for Attestation Engagements.
Source: JOA News
Read More here – New AICPA technical corrections clarify independence requirements
FASB has issued targeted changes to its new lease accounting standard that are designed to make implementation easier and reduce costs for financial statement preparers.
Source: JOA News
Read More here – FASB attempts to make lease accounting implementation easier
Final regulations address how taxpayers can comply with the requirements for adequate substantiation of charitable contributions of money or property.
Source: Tax News
Read More here – Final rules govern adequate substantiation for charitable contributions
Final regulations address how taxpayers can comply with the requirements for adequate substantiation of charitable contributions of money or property.
Source: JOA News
Read More here – Final rules govern adequate substantiation for charitable contributions
Stock market gains and increased job opportunities improved the financial outlook of the average American in the second quarter of 2018 despite rising inflation.
Source: JOA News
Read More here – Job growth helps push Americans’ financial well-being to record high
See how much you know about the news (or catch up with recent developments) with this short quiz.
Source: JOA News
Read More here – News quiz: Wayfair, cybersecurity, and a shorter 1040
The Ninth Circuit reversed a Tax Court decision invalidating a cost-sharing regulation that requires allocation of stock-based compensation costs between related parties.
Source: Tax News
Read More here – Stock-based compensation cost-sharing regs. valid
The Ninth Circuit reversed a Tax Court decision invalidating a cost-sharing regulation that requires allocation of stock-based compensation costs between related parties.
Source: JOA News
Read More here – Stock-based compensation cost-sharing regs. valid
Leaders in the auditing profession are committed to continuous improvement in audit quality at a time of significant change, seven prominent executives in the profession said in a joint statement.
Source: JOA News
Read More here – In unified voice, leaders reaffirm profession’s commitment to audit quality
A new report explains what audit committees and financial statement users need to know about critical audit matters.
Source: JOA News
Read More here – Tips for understanding critical audit matters
