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The Governmental Accounting Standards Board recently issued guidance addressing various accounting and financial reporting issues identified during the implementation and application of certain GASB pronouncements or during the due process on other pronouncements.
View MoreThe Office of the Chief Auditor of the Public Company Accounting Oversight Board recently published updated standard-setting and research agendas as part of the Board’s objective of advancing audit quality to protect the interests of investors and further the public interest in the preparation of informative, accurate and independent audit reports.
View MoreThe IRS has recently issued proposed regulations and mortality tables (REG-106384-20) for determining present values under defined benefit pension plans.
View MoreThe IRS recently issued a press release reminding tax-exempt organizations that many have a filing deadline of May 16, 2022.
View MoreThe Financial Accounting Standards Board recently issued a proposed Accounting Standards Update regarding two issues related to reference rate reform.
View MoreThe Public Company Accounting Oversight Board recently issued new requirements for auditing accounting estimates and fair value measurements and using the work of specialists.
View MoreThe AICPA Governmental Audit Quality Center recently issued GAQC Alert No. 439, stating that relief from single audit requirements has been granted for some small governments that have not previously been required to undergo a single audit but would have needed one due to receiving U.S. Treasury Coronavirus State and Local Fiscal Recovery Funds program funding.
View MoreThe Financial Accounting Standards Board recently issued an Accounting Standards Update intended to improve the decision usefulness of information provided to investors about certain loan refinancings, restructurings and writeoffs.
View MoreThe Financial Accounting Standards Board recently issued an Accounting Standards Update intended to better align hedge accounting with an organization’s risk management strategies.
View MoreThe IRS recently released proposed regulations regarding multiple-employer plans.
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