The Auditing Standards Board has issued three proposed new standards for quality management at the firm and engagement levels.
Our white paper has been updated to reflect recent financial reporting developments resulting from the Coronavirus pandemic.
Our coronavirus white paper has been updated for financial reporting matters related to the Consolidated Appropriations Act, 2021.
Our article discusses weighting evidence in discerning whether a valuation allowance should be recognized for deferred tax assets.
FASB proposes a goodwill impairment triggering event alternative for certain private companies and not-for-profit entities.
Potential extension of the financial reporting relief related to TDRs and CECL provided to certain financial institutions in the CARES Act.
An updated AICPA guide addresses the unique aspects of the preparation and auditing of employee benefit plan financial statements.
An updated AICPA guide addresses the unique aspects of the preparation and auditing of financial institution financial statements.
Clarifications have been provided on the interagency statement on loan modifications for customers affected by COVID-19.
The GASB recently released a proposed implementation guide to address a wide array of practice issues related to GASB Statements.
We have published a new edition of our guide regarding the accounting for debt modifications, restructurings and exchanges.
The FASB will propose an ASU that would provide a goodwill impairment triggering event alternative for certain entities.
A PCAOB resource provides information for audit committees about new requirements for auditing estimates and use of specialists.
Our annual Effective Date Reminder lists pronouncements issued as of Nov. 1, 2020, which became effective on or after Jan. 1, 2020.
A recent FASB ASU makes minor technical corrections and clarifications to the Accounting Standards Codification.
The FASB recently proposed amendments to address certain issues arising from the adoption of the leases standard.