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.
Going Concern
MARCH 25, 2022
Now, we’re seeing (IRS audits) all over the country, from East Coast to West Coast, and it’s wherever cannabis is legal.” Louis also held himself out to be an accountant who prepared tax returns for pay or as a favor to friends. Mary (@AccountingAsArt) March 25, 2022.
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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