A&A news

A&A

FASB, IASB to Hold Revenue Recognition Webcast on June 5

The one-hour broadcast will provide an overview of the new accounting rule, as well as information on such topics as recognizing revenue over time, contract costs, disclosures, transition, and effective date.
A&A

Bramwell’s Lunch Beat: CFOs Give Their Take on New Revenue Rule

The menu for May 29 features specials on California lawmakers reject bill tying CEO pay to state’s corporate tax rate, DC Council backs large tax cut, a profile of Xero CEO Rod Drury, and more.
A&A

Improving Retiree Benefits Reporting Focus of New GASB Exposure Drafts

Proposals would significantly improve financial reporting of other postemployment benefits, such as retiree health insurance, as well as establish requirements for pensions and pension plans that are outside the scope of the rules the GASB published in 2012.
A&A

FASB, IASB Unveil Final Standard on Revenue Recognition

The two standard-setting boards announced the release of the converged standard on the recognition of revenue from contracts with customers on Wednesday morning – the culmination of a joint project that has been in the works since 2008.
A&A

Auditing Special Purpose Frameworks: Inquiries

Inquiries are recognized in the auditing standards along with other types of tests and are normally the most cost efficient of all auditing procedures. Responses provide information useful from start to finish.
A&A

Bramwell’s Lunch Beat: Maryland Tax Case Heads to US High Court

The menu for May 28 features specials on House Ways and Means Committee to consider six tax breaks on Thursday, why a carbon tax is needed, harnessing the US tax code to promote college affordability, and more.
A&A

Bramwell’s Lunch Beat: Revenue Recognition Rules Almost Here

The menu for May 27 features specials on Pfizer calls off AstraZeneca deal, IRS bars employers from dumping workers into health exchanges, other Swiss banks eye Credit Suisse deal, and more.
A&A

Bramwell’s Lunch Beat: Lots of Back Taxes Owed on Capitol Hill

The menu for May 23 features specials on IRS to rewrite 501(c)(4) rules, congressional inquiries cost the IRS $14 million last year, EY ordered to hand over audit documents in China, and more.
A&A

Bramwell’s Lunch Beat: Who Better Really to Talk About Ethics Than Scott London?

The menu for May 22 features specials on Senate tax break bill still stalled, watchdog panel thinks private debt collector proposal is a bad idea, Credit Suisse punishment not big enough, and more.
A&A

Thomson Reuters Checkpoint Wins SIIA Software CODiE Award for Best Consumer Mobile Application

Thomson Reuters on May 22 announced that its Checkpoint Pocket Assistant was named Best Consumer Mobile Application at the 2014 SIIA Software CODiE Awards. The SIIA CODiE Awards are the premier award for the software and information industries.
A&A

Advanced Mobile Technology Solution From Wolters Kluwer, CCH Wins Prestigious SIIA CODiE Award

Wolters Kluwer, CCH announced on May 22 that its CCH Mobile app has won the 2014 SIIA Software CODiE Award in the Best Enterprise Mobile Application category. The SIIA CODiE Awards are the premier award for the software and information industries.
A&A

Auditing Special Purpose Frameworks: Walk-Through Procedures

The system's walk-through procedure is often the most cost-efficient, annual risk assessment procedure auditors can use. Familiarize yourself with our checklist.
A&A

Bramwell’s Lunch Beat: Camp Opines About the Tax Code

The menu for May 21 features specials on Madison Square Garden’s sweet property tax deal, inversion legislation misses real problem, Issa subpoenas DOJ on IRS probe, accountant injures a crocodile, and more.
A&A

Thomson Reuters Checkpoint Learning Launches Online Continuing Education Subscription Package for Corporate Tax and Accounting Professionals

Thomson Reuters on May 21 announced the launch of a new annual CPE subscription package that provides a complete training and continuing education solution for corporate tax and accounting professionals.
A&A

More Transparency in Government Finances Focus of House Bill

A bipartisan bill introduced in the House of Representatives on Tuesday would bring more transparency and accountability to US government financial statements by making the Federal Accounting Standards Advisory Board more independent.
A&A

Bramwell’s Lunch Beat: Will Guilty Plea Really Hurt Credit Suisse?

The menu for May 20 features more on Credit Suisse’s guilty plea, including the names of tax-dodging customers remain secret, statements from Credit Suisse CEO Brady Dougan and US Attorney General Eric Holder, and more.
A&A

CPA2Biz Has a New Name: CPA.com

To more closely align with its mission of “empowering CPAs and businesses for the digital age,” CPA2Biz, the business and technology services subsidiary of the AICPA, has been renamed CPA.com, effective immediately.
A&A

GASB Clarifies How Fair Value Should be Defined and Measured

A proposal issued by the Governmental Accounting Standards Board (GASB) on May 15 explains how fair value measurement should be defined for state and local government financial reporting.
A&A

Bramwell’s Lunch Beat: Credit Suisse Guilty Plea Could Come Today

The menu for May 19 features specials on AstraZeneca says no to “final” Pfizer deal, Harry Reid wants control of Senate amendments, China cracks down on foreign auditors, AICPA hands out awards, and more.
A&A

Bramwell’s Lunch Beat: GOP Senators Sink Tax Extenders Bill

The menu for May 16 features specials on PCAOB issues staff guidance on economic analysis standard setting, Beswick to leave SEC, CAQ and George Washington University start financial disclosure project, and more.

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