Audit

A video preview of the January issue of Accounting Today from editor-in-chief Dan Hood.

The Service has updated HealthCare Tax Tip 2015-85 to clarify the revised reporting dates and make the dates in this tip consistent with the dates in Notice 2016-4.

Atlanta’s Habif, Arogeti & Wynne creates a new attest service

The Public Company Accounting Oversight Board’s first 2016 webinar will cover the latest findings in the board’s interim inspection program for auditors of brokers and dealers.

GASB has issued guidance on how certain state and local government external investment pools and participants in external investment pools may measure and report their investments.

(Bloomberg) It’s too early to tell whether Star Wars: The Force Awakens will become the biggest grossing film of all time, but the really interesting question is whether the movie will ever go into profit.

Leaders of the Financial Accounting Standards Board and the International Accounting Standards Board are bracing for the release of the leasing standard and other standards that have been under development and generating debate for over a decade.

The Governmental Accounting Standards Board has issued three exposure drafts with reporting guidance related to fiduciary activities, certain asset retirement obligations, and pension issues.

The Financial Accounting Standards Board announced that it plans to issue a final standard on the recognition and measurement of financial instruments in the first week of 2016.

The American Institute of CPAs has created an illustrative SOC 2 report to help CPAs report on controls over protected health information.

On the heels of the Public Company Accounting Oversight Board’s new standards for disclosure of audit engagement partners, the International Accounting Education Standards Board has issued new guidance for the implementation of its own standard, IES 8, Professional Competence for Engagement Partners Responsible for Audits of Financial Statements (Revised).

The Financial Accounting Standards Board has made available the 2016 GAAP Financial Reporting Taxonomy, pending final acceptance by the U.S. Securities and Exchange Commission.

A group representing community banks is objecting to recent remarks last week by Financial Accounting Standards Board chairman Russell Golden, claiming they “slander” community banks.

Becker Professional Education has introduced seven new Professional Certification Programs for CPAs and other financial professionals.

The Committee of Sponsoring Organizations of the Treadway Commission, also known as COSO, has introduced an Internal Control Certificate Program.

The Sustainability Accounting Standards Board has issued provisional sustainability standards for renewable energy companies.

Rutgers Business School and the American Institute of CPAs announced the creation of the Rutgers AICPA Data Analytics Research Initiative.

The Public Company Accounting Oversight Board adopted new rules during a meeting Tuesday to provide investors with more information about who is participating in public company audits, including the name of the engagement partners and any other firms that participated in the audit.

Akebono Brake Industry Co. has become the latest addition to a series of corporate scandals in Japan, cutting earnings forecasts and executive pay after confirming problematic accounting of sales to distributors.

Robert Stewart, senior vice president of public affairs at the Financial Accounting Foundation, died unexpectedly early last Saturday in his sleep at the age of 62.