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The Financial Accounting Standards Board has released a new accounting standard to address some of the problems with financial reporting on repurchase agreements, such as those that contributed to the demise of MF Global.
June 12 -
The Financial Accounting Standards Board has added two short-term projects to its agenda to simplify U.S. GAAP as part of its initiative to reduce complexity in accounting standards.
June 10 -
After several months of decline, accountants confidence in the prospects for economic growth saw a sharp uptick, according to the June edition of Accounting Todays Accountants Confidence Index.
June 10 -
The Financial Accounting Standards Board issued an accounting standards update Tuesday to improve financial reporting for development-stage entities, eliminating the inception-to-date information and differences in consolidation guidance.
June 10 -
Christopher Cox, the former Securities and Exchange Commission chairman whose support for converging International Financial Reporting Standards with U.S. GAAP was crucial in setting up a roadmap for harmonizing the two sets of accounting standards, has reversed course.
June 9 -
RootWorks LLC has announced an expansion of its continuing education programming for the accounting profession with the opening of a new state-of-the-art learning center located in the PNC Center in Indianapolis.
June 6 -
While firms that are pioneers in adopting technology outpace their peers in other ways, too, accountants dont necessarily need to be on the cutting edge in all things to grow.
June 6 -
Bloomberg BNA has released Navigating the New Road to Revenue Recognition, a detailed overview of the new revenue recognition standard, along with guidance on how companies can prepare for its application.
June 6 -
Thomson Reuters has released a special report on the newly issued accounting standard on revenue recognition from the Financial Accounting Standards Board and the International Accounting Standards Board.
June 5 -
Check out the digital edition of the June 2014 issue of Accounting Today.
June 3 -
The Financial Accounting Standards Board and the International Accounting Standards Board officially announced the formation Tuesday of a Joint Transition Resource Group for Revenue Recognition.
June 3 -
Some of the major accounting firms and the American Institute of CPAs are planning to publish materials to help accountants and companies deal with the new revenue recognition standards.
June 2 -
What if golfers used something like GAAP to keep their scores?
June 1
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Public Company Accounting Oversight Board Chairman James Doty said in a speech in early May that he is concerned about cuts in audit fees having an impact on the quality of audits as the auditing practice becomes a declining part of the revenue at accounting firms.
June 1 -
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Accounting firms are trying to adapt to -- and with -- platforms like LinkedIn, Facebook and Twitter
June 1 -
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Paul Beswick, who has served as chief accountant in the Securities and Exchange Commission's Office of the Chief Accountant, plans to return to the private sector.
June 1 -
