OUR THOUGHTS ON:

SORT OPTIONS: Most Recent | Most Viewed

PCAOB Continues Its Efforts to Improve Transparency

On December 15, 2015, the Public Company Accounting Oversight Board (PCAOB) issued PCAOB Release No. 2015-008, Improving the Transparency of Audits: Rules ... read more >

Postcard from the AICPA SEC Conference - Part 3

Day two of the AICPA Conference on Current SEC and PCAOB Developments from Washington, DC continued with remarks from the chairs of the Financial Accounting ... read more >

Postcard from the AICPA SEC Conference - Part I

Welcome to the AICPA Conference on Current SEC and PCAOB Developments from Washington, DC. This three-day conference kicked off with a welcome address ... read more >

Recognizing Breakage on Unredeemed Gift Cards

Audit|Retail

By Doug Morally

The Financial Accounting Standards Board (FASB) has finally closed the loop on accounting for breakage with the issuance of Accounting Standards Update ... read more >

Highlights of the 2015 AICPA Conference on Current SEC and PCAOB Developments

The annual AICPA Conference on Current SEC and PCAOB Developments was held in Washington, D.C. last week, and included representatives of the Securities ... read more >

Construction Spending Hits Seven-Year High

Construction spending in July 2015 improved to the highest level since May 2008, according to the U.S. Census Bureau of the Department of Commerce. Based ... read more >

What to Do With Unredeemed Gift Cards?

Audit|Retail

By Doug Morally

During 2014, CEB TowerGroup estimated that more than $124 billion was loaded on gift cards in the U.S. The increased use of gift cards has presented the ... read more >

Fair Value Measurements Disclosures for Investments are Changing Again!

The Financial Accounting Standards Board (FASB) has issued a proposed Accounting Standards Update (ASU) that would remove the requirement to categorize ... read more >

Colleges and Universities Receive Some Relief

Since the passage of the Affordable Care Act, colleges and universities have been assessing the impact to institutions’ health care costs, particularly ... read more >