Going Concern

JUNE 3, 2022

The Financial Accounting Standards Board adopted CECL in 2016, prompted by criticism that banks had booked losses too slowly in the run-up to the 2008 financial crisis. That is a far broader calculation than the old rules, which were based on losses expected imminently.

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CPA Practice

MAY 25, 2023

Jurgens’ courses include financial accounting, managerial accounting, intermediate accounting, and auditing. She’s the curriculum faculty lead, the faculty lead for the development of online accounting classes, and the coordinator for the business department across all City Colleges.

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Going Concern

SEPTEMBER 1, 2023

Check out this week’s top remote accounting candidates. Audit Battle lines drawn over auditors’ role in combating fraud [ AccountancyAge “Patisserie Valerie pushed the issue of auditor responsibility [for fraud detection] to the fore after so many accounting scandals.

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Going Concern

MARCH 25, 2022

SEC accepts FASB’s 2022 reporting taxonomies [ CFO Dive ] The Securities and Exchange Commission has accepted updates to the Financial Accounting Standards Board’s GAAP Financial Reporting Taxonomy and SEC Reporting Taxonomy, FASB has announced. . — Mary (@AccountingAsArt) March 25, 2022.

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CPA Practice

MAY 30, 2023

Starting in 2024, the redesigned CPA exam places a greater emphasis on technology and analytical skills, as well as on tax, accounting, and audit. One thing NASBA did recently to pique interest is to give those who passed one section of the exam a rolling 30-month period to complete the other three sections of the exam , up from 18 months.

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