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.
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.
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.
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.
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.
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.
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.
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 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.
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.
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.
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.
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.
The menu for May 15 features specials on Citibank cleans house over Banamex loan fraud, why hedge fund managers don’t use corporate tax loophole, two questions loom over Senate tax break bill, and more.