Accounting standards

The SEC must get out of the way and let FASB tackle its to-do list

The Financial Accounting Standards Board plans to host roundtable meetings to discuss its recent proposed changes in accounting for not-for-profit organizations and health care entities.

Tim Gearty of Becker Professional Education discusses how the CPA Exam is testing for recent accounting standards updates, in an interview with Accounting Today editor-in-chief Dan Hood.

The Public Company Accounting Oversight Board announced that the next meeting of its Investor Advisory Group.

Almost nine in ten audits of broker/dealers examined in 2014 had deficiencies, according to a new Public Company Accounting Oversight Board report, and almost a quarter had independence issues.

The Financial Accounting Foundation has named Candace Wright as the next chair of the Private Company Council.

Last December, based on a recommendation from the Private Company Council, the Financial Accounting Standards Board issued a notable accounting standards update for intangible assets in business combinations.

The American Institute of CPAs' Auditing Standards Board has issued a new exposure draft proposing amendments to the auditing standard on auditor’s reports.

The Governmental Accounting Standards Board has issued final guidance that requires state and local governments for the first time to disclose information about tax abatement agreements.

The Financial Accounting Standards Board has issued an accounting standards update on derivatives and hedging related to electricity contracts.

The Financial Accounting Standards Board issued an accounting standards update on Wednesday deferring by one year the effective date of the converged revenue recognition standard that it released last year with the International Accounting Standards Board.

The American Institute of CPAs has sent a comment letter to the Financial Accounting Standards Board weighing in on proposed changes in accounting standards for not-for-profits and saying they could create divergence from the financial reporting model used by for-profit businesses.

The Institute of Certified Public Accountants in Ireland and the Institute of Chartered Accountants of Bangladesh have signed a memorandum of understanding to provide an online CPA Certificate in IPSAS Financial Reporting in Bangladesh.

Financial Accounting Standards Board chairman Russell Golden explained how FASB is working with both the International Accounting Standards Board and other national standard-setters, including China and Germany, as FASB moves past the convergence process.

The International Accounting Standards Board is asking for feedback on a proposal Monday to postpone the date when entities need to change some aspects of how they account for transactions between investors and associates or joint ventures.

The Financial Accounting Standards Board has released two proposed accounting standards updates related to derivatives and hedging.

The International Auditing and Assurance Standards Board has released an exposure draft proposing changes to how auditors should handle engagements reporting on summary financial statements.

The Financial Accounting Standards Board has issued a three-part accounting standards update for employee benefit plans accounting as part of its efforts to simplify the accounting rules.

Profs. Miller & Bahnson dive deep into the standard-setter in an all-new edition of a classic text

The Financial Accounting Standards Board is beginning to hear from not-for-profit organizations and their accountants about the far-reaching changes it has proposed in reporting by nonprofits, and finding there are some disagreements, even among FASB’s own leaders.