The Governmental Accounting Standards Board has released a new Implementation Guide with questions and answers about GASB’s new standards on accounting and financial reporting for post-employment benefits other than pensions, such as retiree health care.
The guide also deals with some issues related to another standard, Statement No. 74, Financial Reporting for Post-employment Benefit Plans Other Than Pension Plans. The free downloadable guide is available through
Companies claiming tax credits for carbon capture technology have been confronting heavy compliance requirements, prolonged waits and uncertainty.
The Top 50 Firm acquired Persing Professional Group and Carefree Professional Practice Resources, expanding its presence in Nevada.
The Top 75 Firm completed a flip of investors, with private equity firm Broad Sky Partners selling its stake to TPG, an alternative asset management firm.
The Internal Revenue Service is giving organizations more ways to view digital notices, make payments, and access and manage federal tax account info online.
The specialized enforcement unit will pursue accounting and financial reporting fraud cases, as well as general misconduct in accounting and auditing.
The International Auditing and Assurance Standards Board proposed revisions to three of its International Standards on Auditing.
