Regulations
The latest news on accounting standards, developments at FASB, IASB, IFAC, and the PCAOB, along with government regulations from agencies like the SEC, FTC, and international bodies.
FASB Meets with Japanese Counterparts
Members of the Financial Accounting Standards Board held a two-day meeting this week with officials from the Accounting Standards Board of Japan how they could better align accounting rules. Read more »
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COSO Postpones Release of Internal Control Framework
May 1, 2012The Committee of Sponsoring Organizations of the Treadway Commission, also known as COSO, plans... Read more »
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Editor's Desk: Imperfectly Reasonable
May 1, 2012Auditor rotation may not be the answer, but at least it's got people asking the question. Read more »
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Former Accounting Board Chairs Urge SEC to Commit to IFRS
April 24, 2012Robert Herz, the former chairman of the Financial Accounting Standards Board, and Sir David... Read more »
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GASB Issues Rules for Deferred Outflows and Inflows
April 2, 2012The Governmental Accounting Standards Board has issued two new accounting statements, one... Read more »
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FASB Readies Framework for Financial Statement Disclosures
March 29, 2012The Financial Accounting Standards Board is making progress on its disclosure framework project,... Read more »
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New York CPAs Want Changes in Revenue Recognition Proposals
March 29, 2012The New York State Society of CPAs has told the Financial Accounting Standards Board and the... Read more »
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Lawmakers Aim to Stop PCAOB from Imposing Audit Firm Rotation
March 28, 2012A House subcommittee held hearings Wednesday in which they questioned the Public Company... Read more »
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FASB Plans to Revise Repo Agreement Standards
March 21, 2012The Financial Accounting Standards Board has added a new item to its agenda to revise the... Read more »
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IFAC Urges Greater Transparency in Public Sector Financials
March 21, 2012The International Federation of Accountants has published a paper calling for enhanced financial... Read more »
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FAF Publishes Learning Guide for FASB Codification
March 21, 2012The Financial Accounting Foundation has published a learning guide for the FASB Accounting... Read more »
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Compilation Engagement Standards Enhanced for Small and Midsized Entities
March 16, 2012The International Auditing and Assurance Standards Board has released a revised standard for... Read more »
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GASB Proposes Standard on Government Combinations and Disposals
March 16, 2012The Governmental Accounting Standards Board has proposed new financial reporting standards for... Read more »
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Grant Thornton Backs Alternative Lease Accounting Models
March 8, 2012Grant Thornton has released a new paper calling for an overhaul in the current thinking of the... Read more »
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IASB Plans Cooling-Down Period for New Standards
March 8, 2012International Accounting Standards Board chairman Hans Hoogervorst told attendees at a financial... Read more »
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