CPA Never under estimate the value
Acquiring entities are required to measure contract assets and liabilities acquired in a business combination in accordance with FASB’s Topic 606 revenue recognition guidance, according to a new FASB standard.
Source: JOA News
Read More here – FASB addresses contract assets, liabilities acquired in a business combination
CPA financial planners discuss this year’s nearly 6% inflation rate and what it could mean for investment portfolios.
Source: JOA News
Read More here – How investors can protect against inflation
Private companies that issue equity-classified share-based awards will be able to elect a practical expedient and use the reasonable application of a reasonable valuation method to determine the current price input of these awards offered as compensation, according to a new standard issued by FASB.
Source: JOA News
Read More here – FASB provides new private company practical expedient
The IRS clarified the standards that an LLC must satisfy to obtain a determination letter that it is exempt from taxation under Sec. 501(c)(3).
Source: Tax News
Read More here – Guidance issued for LLCs seeking tax-exempt recognition
The IRS clarified the standards that an LLC must satisfy to obtain a determination letter that it is exempt from taxation under Sec. 501(c)(3).
Source: JOA News
Read More here – Guidance issued for LLCs seeking tax-exempt recognition
Manufacturing leaders can use artificial intelligence to improve efficiency and drive growth. But taking full advantage of the technology requires upskilling the workforce.
Source: JOA News
Read More here – AI in manufacturing: Optimizing costs and enabling the workforce
A severely polarized political climate doesn’t have to stop CPAs from achieving their ambitions. Instead, a little empathy can go a long way, according to AICPA governing Council guest speaker Amy Walter, publisher and editor-in-chief of The Cook Political Report.
Source: JOA News
Read More here – How CPAs can rise above a polarized political climate
An unsustainable long-term fiscal path and cybersecurity concerns heightened by aging systems are among the biggest challenges the federal government faces, US Comptroller General Gene Dodaro said Tuesday at the fall AICPA governing Council meeting.
Source: JOA News
Read More here – Government fiscal path, cybersecurity among US comptroller’s concerns
The IRS announced it is expanding the availability of videoconference meetings for large business taxpayers for examinations and appeals.
Source: Tax News
Read More here – Videoconferencing with IRS now an option for all LB&I taxpayers
The IRS announced it is expanding the availability of videoconference meetings for large business taxpayers for examinations and appeals.
Source: JOA News
Read More here – Videoconferencing with IRS now an option for all LB&I taxpayers
