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CPA firms are predicting they will face challenges in gaining acceptance of the American Institute of CPAs recently introduced Financial Reporting Framework for Small and Medium-sized Entities, according to a new survey.
July 12 -
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To address the market demand for training in Extensible Business Reporting Language, or XBRL, the American Institute of CPAs and XBRL US, the nonprofit consortium for XBRL business reporting standards in the U.S., have introduced an XBRL US GAAP Certificate Program.
July 9 -
The Texas Society of CPAs unveiled a Responsibility of Individuals Project at its Annual Meeting of Members last week in Las Vegas.
July 9 -
IT, accounting and finance administrative processes dominate the future outsourcing plans of major companies, according to a new survey by KPMG.
July 8 -
The Financial Accounting Standards Board is issuing a new accounting standards update on Monday that defers indefinitely certain disclosures about investments held by nonpublic employee benefit plans in their plan sponsors own nonpublic equity securities.
July 8 -
Check out the digital edition of the July 2013 issue of Accounting Today.
July 8 -
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The Governmental Accounting Standards Board has issued for public comment a proposed statement regarding the transition provisions of GASBs new pension standards for state and local governments with the goal of eliminating a potential source of understatement of restated beginning net position and expense in a governments first year of implementing GASBs new pension accounting standards.
July 2 -
The Financial Accounting Standards Board and the International Accounting Standards Board plan to host a series of joint public roundtable meetings on different continents to discuss their revised joint proposals on leasing standards that were published in May.
July 2 -
The Securities and Exchange Commissions enforcement division is launching three new initiatives to combat financial reporting and microcap fraud and enhance its risk analysis capabilities with the use of sophisticated analytical technology.
July 2 -
The Financial Accounting Standards Board has issued for public comment three proposals to address the concerns of private companies about accounting for intangible assets acquired in business combinations, goodwill, and certain types of interest rate swaps under U.S. GAAP.
July 1 -
Intacct has added new resource scheduling capabilities and other enhancements to Intacct Project Accounting designed to automate both project accounting and project delivery within the financial system of record.
July 1 -
The Financial Accounting Foundation launched an updated website Monday in conjunction with new leaders at the two standard-setting boards it oversees, the Financial Accounting Standards Board and the Governmental Accounting Standards Board, while also reviving an old dispute with the American Institute for CPAs over financial reporting standards by private companies.
July 1 -
Useful truth in accounting should be magnified, not vilified
July 1
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Applying FASB's recently proposed standards to a real company
July 1 -
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Finding the right fit -- on both sides -- is crucial to college recruiting
July 1