The ex-KPMG senior audit partner was sentenced on Thursday for providing inside information about several of his firm’s clients to a friend, who used it to make at least $1.6 million in illicit profits.
This presentation will review basic concepts of the FRF for SMEs and discuss the presentation of a statement of financial position. This webcast will focus on accounting policies for certain current assets and liabilities in the statement of financial position.
The FASB had hoped to issue a final standard on revenue recognition during the first quarter of 2014. However, the board confirmed today that the timetable for releasing the standard has been pushed back slightly.
The menu for April 22 features specials on the IRS denying group’s tax-exempt status, what the airline industry and the IRS have in common (and it’s not good), if sales taxes will doom Amazon, and more.
CFOs reported that vacant staff-level accounting or finance jobs take an average of four weeks to fill, while open management-level positions take five weeks on average to fill, according to a new Robert Half poll.
The menu for April 17 features specials on a pitch for valued added tax, IRS chief reiterating rewrite of 501(c)(4) guidelines, Starbucks moving European headquarters to London to pay more tax, and more.
The Governmental Accounting Standards Board on Monday defined two approaches for measuring assets and liabilities, intended to guide the standard-setting organization in establishing accounting and financial reporting standards for state and local governments.
Under the new US GAAP guidance, a discontinued operation is a disposal of part of an organization that has a major effect on its operations and financial results. Examples include a disposal of a major geographic area, a major line of business, or a major equity method investment.