The Governmental Accounting Standards Board issued proposed implementation guidance Tuesday in the form of questions and answers to clarify different pronouncements involving leases, subscription-based IT arrangements and other accounting changes for local and state governments.
The
GASB is asking for comments on the exposure draft by Jan. 20, 2023.
The Financial Accounting Standards Board decided to add a project to its technical agenda related to the accounting for cryptocurrency asset transfers.
The Public Company Accounting Oversight Board has made a pact with Lithuania's audit regulator to allow the two organizations to cooperate on overseeing firms.
Over his six-decade long career, Richardson was a pioneer of technology in the profession, working as a consultant, speaker and former national director at EY.
The International Accounting Standards Board discussed adding new projects to its agenda, along with ongoing work on the equity method and intangible assets.
Accounting and other professional service firms are rushing to make sure that they will be mentioned in AI search results, with most planning to implement a strategy within the next six months.
Economic pessimism is on the wane among audit partners, though they're not feeling as confident as last year, according to a CAQ survey.
