CPA Never under estimate the value
FASB issued a proposal that would expand the current single-layer hedging model and is intended to better align hedge accounting with an organization’s risk management strategy.
Source: JOA News
Read More here – FASB proposes hedge accounting changes
The SBA has informed lenders that it is no longer accepting new applications from most lenders for the Paycheck Protection Program because the $292 billion program’s general fund is nearly exhausted.
Source: JOA News
Read More here – SBA stops accepting new PPP applications from most lenders as general funds run out
Interest in special-purpose acquisition companies is growing among investors and regulators. The Center for Audit Quality has considerations for auditors and audit committees to keep in mind regarding SPACs.
Source: JOA News
Read More here – What auditors and audit committees need to know about SPACs
As firm leaders prepare for a post-pandemic work world, they should take care to plot a path that steers clear of potential pitfalls — four of which are explored in this article.
Source: JOA News
Read More here – 4 reopening mistakes employers must avoid
Jan Taylor-Morris, academic in residence at the Association of International Certified Professional Accountants, representing AICPA & CIMA, gives answers to some of the most frequently asked questions about the CPA Evolution Model Curriculum launching this June.
Source: JOA News
Read More here – CPA Evolution Model Curriculum FAQs
Tax time provides an excellent opportunity to create or update a financial strategy. By examining your tax returns, you can glean information that can help you build a financial plan.
Source: JOA News
Read More here – Tax returns are underrated financial planning tools
FASB issued a standard that is intended to clarify an issuer’s accounting for certain modifications of freestanding equity-classified written call options that remain equity-classified after modification or exchange.
Source: JOA News
Read More here – FASB clarifies accounting for certain call option modifications
