The Governmental Accounting Standards Board has released guidance in the form of questions and answers to help state and local governments apply its standards.
The latest guide also includes amendments to some previously issued implementation guidance. Its requirements are effective for reporting periods starting after June 15, 2019, though GASB is encouraging early application for guidance related to standards that already have been implemented.
The guide is
The Internal Revenue Service, the Treasury and other parts of the government plan to phase out the use of paper checks for payments by the end of this month.
The internal audit profession has been grappling with a greater array of responsibilities beyond checking up on corporate finances, including vetting companies' cybersecurity and use of artificial intelligence.
Plus, AuditDashboard announces 8.0 release with Microsoft 365 and Copilot integration; Audit Sight releases new analytics module for insights; and other accounting tech updates.
The program, designed for young accountants, begins September 24 and includes six virtual sessions worth 12 CPE credits.
David Bundy announces retirement as Dean Dorton CEO; MassCPAs honors 2025 Women to Watch; and more news from across the profession.
License to steal; roll the Tape; Kings and Queens and cons; and other highlights of recent tax cases.
