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IPSASB unveils accounting standard for retirement benefit plans

Accounting Today

The International Public Sector Accounting Standards Board has issued an accounting standard for governments around the world to use for reporting on retirement plans.

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Cost Accounting Standard Considerations for a Growing GovCon

Cherry Bekaert

Contact Us The post Cost Accounting Standard Considerations for a Growing GovCon appeared first on Cherry Bekaert. If you have any questions specific to your situation, our GovCon consultants are available to discuss your situation with you.

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Cost Accounting Standards (CAS) Series: Implications When Acquiring Companies

Cherry Bekaert

In the third episode of Cherry Bekaert’s Cost Accounting Standards (CAS) podcast series, Brendan Halloran , a Director with Cherry Bekaert Advisory, is joined by Jeffery Annessa , a Senior Manager in Cherry Bekaert’s Government Contractor Industry practice, to discuss CAS implications during mergers and acquisitions.

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Financial Accounting Foundation Seeks Nominations for the Financial Accounting Standards Advisory Council

CPA Practice

The Board of Trustees of the Financial Accounting Foundation ( FAF ) is seeking nominations for new members to join the Financial Accounting Standards Advisory Council ( FASAC ) for an initial one-year term beginning January 1, 2025. The FASAC is the primary advisory body to the Financial Accounting Standards Board ( FASB ).

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Cost Accounting Standards—General Dollar Magnitude vs. Detailed Cost Impacts

Cherry Bekaert

In the fourth episode of Cherry Bekaert’s Cost Accounting Standards (CAS) podcast series, Brendan Halloran , a Director in Cherry Bekaert’s Government Contracting Industry practice, is joined by Jeff Annessa , a Senior Manager in the Firm’s Government Contracting practice.

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No Escape: How to Live with the New Lease Accounting Standards

CPA Practice

By Emily Fish, director of product accounting at LeaseQuery Within the lease accounting standards, there are exceptions to help entities determine which leases are in scope and which are not. First and foremost, the lease accounting standards apply to all entities—there isn’t an exception for an entity or industry as a whole.

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GASB guidance aims to improve government financial reporting

Accounting Today

The Governmental Accounting Standards Board released an updated standard to improve some of the main components of the financial reporting model for state and local governments.