Remove accounting principles Remove accounting standards Remove CPA Remove financial accounting
article thumbnail

Grant Thornton Appoints New Leaders to Audit Quality & Risk Leadership Team

CPA Practice

In this role, Decker will be responsible for leading the firm’s various professional practices, including Accounting Principles, Independence, SEC Regulatory Matters and the Professional Practice Director group. Decker received a bachelor’s degree in accounting and business management from Salisbury University.

audit 98
article thumbnail

2024 GAAP Taxonomy Approved By SEC

CPA Practice

The Securities and Exchange Commission has accepted the 2024 GAAP Financial Reporting Taxonomy (GRT) and the 2024 SEC Reporting Taxonomy (SRT), collectively known as the “ GAAP Taxonomy ,” the Financial Accounting Standards Board (FASB) said on March 19.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Jeanne Dee Appointed to FASB Not-for-Profit Advisory Committee

Anders CPA

Jeanne Dee, CPA/CGMA, audit and assurance partner at Anders CPAs + Advisors (Anders), has been appointed to the Financial Accounting Standards Board (FASB) Not-for-Profit Advisory Committee (NAC) effective January 1, 2024. I’m excited to get started! She also received the 2010 Women to Watch award from the MOCPA.

article thumbnail

How to navigate accounting assumptions

ThomsonReuters

Therefore, when serving business clients, it is important that accounting professionals have the right framework to ensure that proper financial reporting procedures are in place to help with accounting assumptions. What are the main accounting assumptions?

Account 96
article thumbnail

FASB Accepting Comments on Proposed New Chapter of Its Conceptual Framework Measurement

CPA Practice

The Financial Accounting Standards Board has issued a proposed new chapter of its Conceptual Framework related to the measurement of items recognized in financial statements. The Conceptual Framework is a body of interrelated objectives and fundamentals that provides the FASB with a useful tool as it sets standards.

article thumbnail

FASB Makes 2024 GAAP and SEC Taxonomies Available

CPA Practice

The Financial Accounting Standards Board (FASB) on Dec. 18 released the following taxonomies for 2024: GAAP Financial Reporting Taxonomy (GRT), SEC Reporting Taxonomy (SRT), and DQC Rules Taxonomy (DQCRT).

article thumbnail

FASB Issues Disclosure Improvements in Response to the SEC’s Disclosure Update and Simplification Initiative

CPA Practice

The Financial Accounting Standards Board ( FASB ) has issued an Accounting Standards Update (ASU) that incorporates certain U.S. Securities and Exchange Commission (SEC) disclosure requirements into the FASB Accounting Standards Codification. In SEC Release No.