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The FASB voted to propose a new ASU that would, among other things, remove the distinction between linear and nonlinear development methods.
June 26
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Pretty much every accountant has used AI in one form or another, with the most common use case being data entry and processing, according to a poll from Intuit QuickBooks.
June 26
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The International Sustainability Standards Board will improve the sustainability disclosure landscape by streamlining and consolidating frameworks and standards.
June 26
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Logan Graf is documenting his accounting firm's journey to eliminating busy season on his YouTube channel.
June 26
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A coalition of accounting educators and tech leaders released a generative AI governance framework as a starting point for organizations.
June 25
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BDO USA released its 2023 Audit Quality Report Tuesday as it added a second independent member to its Audit Quality Advisory Council.
June 25
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Financial restatements decreased roughly 6% year over year, according to a report from Ideagen Audit Analytics.
June 25
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After 500 internal penetration tests conducted from 2021-2023, RSM professionals found only 1.6% of organizations had no vulnerabilities at all. Most had around eight.
June 21
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The Federal Accounting Standards Advisory Board says that, for federal government accounting purposes, seized digital assets aren't monetary unless they come from a central bank.
June 21 -
Global Reporting Initiative CEO Eelco van der Enden plans to step down at the end of the year when his three-year contract concludes.
June 21
