CPA Never under estimate the value
The AICPA Peer Review Board approved changes that align with new quality management standards for firms’ accounting and auditing practices.
Source: JOA News
Read More here – AICPA board approves update to peer review standards
The regulations under Sec. 6335, which had not changed substantially since they were first issued in 1954, did not reflect modern electronic methods of submitting bids and accepting payment from bidders.
Source: JOA News
Read More here – Final regs. modernize process for sale of taxpayers’ property
FASB published an Accounting Standards Update requiring public companies to disclose additional information about certain expenses in the notes to financial statements.
Source: JOA News
Read More here – FASB sets new reporting standards for disclosure of expenses
The losses occurred over an eight-month period ending in April, according to a report from the Treasury Inspector General for Tax Administration.
Source: JOA News
Read More here – Fraudsters get million from practitioner priority service line scheme
