PCAOB Releases Staff Spotlight Reminding Audit Firms of Responsibilities During COVID-19 Crisis
Amid the evolving challenges and looming economic impacts of the COVID-19 pandemic, the PCAOB Staff released a Spotlight document reminding auditors of
FASB Votes to Propose Delay of New Revenue Recognition Standards for Franchisors and Lease Standards for All Non-Public Companies and Not-for-Profit Public Business Entities
Learn more about FASB's vote to Delay of New Revenue Recognition Standards for Franchisors and Lease Standards for All Non-Public Companies and Not-for-Profit Entities.
Coronavirus Pandemic - Accounting and Financial Reporting Impacts under U.S. GAAP
Learn more about how companies are adjusting to the challenges posed by the coronavirus pandemic including managing a remote workforce, lost sales, and temporary orders to shut down.
Simplification of Accounting for Income Taxes – ASU 2019-12
The Financial Accounting Standards Board (FASB) issued ASU 2019-12 on December 18, 2019 based on recommended changes by stakeholders as part of the FASB’s
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