FASAB Issues Technical Release 23: Omnibus Technical Release Amendments 2024: Conforming Amendments to Technical Releases 10, 16, 20, and 21
https://files.fasab.gov/pdffiles/tr_23_nr.pdf
Accounting & Auditing
Turning the Corner: FASB Updates Effective Periods Beginning After Dec. 15, 2023
By: Dr. Amelia Hart, CPA, and Steve Sledge, CPA As practitioners and clients turn the corner from busy season and begin planning and risk assessment in the coming months, now is a good time for a refresher on recently promulgated updates as well as current Financial Accounting Standards Board (FASB) exposure drafts and projects with
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FASB Issues New and Final Chapter of Its Conceptual Framework: Measurement
https://www.fasb.org/news-and-meetings/in-the-news/fasb-issues-new-and-final-chapter-of-its-conceptual-framework:-measurement-419085
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FASAB Staff Issues Technical Bulletin 2024-1, Seized and Forfeited Digital Assets
https://files.fasab.gov/pdffiles/tech_bulletin_2024_1_nr.pdf
FASAB Staff Issues Technical Bulletin 2024-1, Seized and Forfeited Digital Assets Read More »
PCAOB Modernizes Its Rules by Strengthening Accountability for Contributing to Firm Violations
https://pcaobus.org/news-events/news-releases/news-release-detail/pcaob-modernizes-its-rules-by-strengthening-accountability-for-contributing-to-firm-violations
PCAOB Updates Its Standards To Clarify Auditor Responsibilities When Using Technology-Assisted Analysis
https://pcaobus.org/news-events/news-releases/news-release-detail/pcaob-updates-its-standards-to-clarify-auditor-responsibilities-when-using-technology-assisted-analysis
GASB Issues Guidance to Improve Key Components of Government Financial Reports
https://gasb.org/news-and-meetings/in-the-news/gasb-issues-guidance-to-improve-key-components-of-government-financial-reports-418578
GASB Issues Guidance to Improve Key Components of Government Financial Reports Read More »
Top 10 A&A Competencies and Skills Needed in 2024
Many of the skills that are important for new (and old) professionals evolve with the world in which we work.
Top 10 A&A Competencies and Skills Needed in 2024 Read More »
PCAOB Adopts New Quality Control Standard With a Risk-Based Approach Designed to Drive Continuous Improvement in Audit Quality
The Public Company Accounting Oversight Board (PCAOB) today adopted a new standard designed to lead registered public accounting firms to significantly improve their quality control (QC) systems.
FASAB Issues Statement of Federal Financial Accounting Standards 63, Omnibus Amendments 2024-1: Amending SFFAS 38, 49, and Technical Bulletin 2011-1
The chair of the Federal Accounting Standards Advisory Board (FASAB or “the Board”), George A. Scott, announced today that the Board issued Statement of Federal Financial Accounting Standards (SFFAS) 63, Omnibus Amendments 2024-1: Amending SFFAS 38, 49, and Technical Bulletin 2011-1.