Withum

DECEMBER 14, 2023

On December 13, 2023, the Financial Accounting Standards Board (FASB) finalized Accounting Standards Update (ASU) 2023-08 “Accounting for and Disclosure of Crypto Assets”. Contact Us The post Accounting Standards Update 2023-08: FASB’s New Crypto Accounting Guidance appeared first on Withum.

accounting standards 116

accounting standards Account accountant accounted 116

CPA Practice

JUNE 28, 2023

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.

accounting standards 124

accounting standards Account accountant accounted 124

Withum

NOVEMBER 3, 2023

The subject of accounting standards is of utmost importance in the business world. With the ever-evolving nature of the global economy, it becomes imperative to align accounting practices and regulations with the changing needs of organizations. This update addressed two issues: Terms and Conditions and Leasehold Improvements.

accounting standards 124

accounting standards Account accountant accounted 124

Cherry Bekaert

DECEMBER 15, 2023

Gain insights on the new standards for 2023 reporting. During this webinar we will discuss the newly effective accounting standards for the December 31, 2023, reporting period as well as the accounting standards that were issued in 2023.

accounting standards 52

accounting standards Account accountant accounted 52

ThomsonReuters

JUNE 6, 2022

When you can flag changes in accounting, auditing, and tax that clients didn’t know about, and help them manage commercial impacts with innovative solutions, then you’re well on your way to gaining their trust. But how do you stay current on accounting and auditing standards when there are new developments happening all the time?

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accounting standards Account accountant accounted 142

Accounting Today

FEBRUARY 23, 2024

It's not just the 150-hour rule for obtaining a CPA license that may be the culprit for the talent shortage, according to an academic study.

accounting standards 136

accounting standards Account accountant accounted 136

CPA Practice

FEBRUARY 1, 2023

As expected, the Financial Accounting Standard Board (FASB) voted on Wednesday to issue an exposure draft of a new accounting standard that would require companies to measure cryptocurrency assets, like Bitcoin and Ethereum, using fair value accounting, with gains and losses recorded in current period comprehensive income.

accounting standards 112

accounting standards Account accountant accounted 112

CPA Practice

APRIL 18, 2023

Representatives of the Financial Accounting Standards Board (FASB) and the Accounting Standards Board of Japan (ASBJ) held a meeting on April 17 in Norwalk, CT. The FASB and the ASBJ plan to continue to exchange views. The next meeting is planned in the second half of 2023 in Tokyo.

accounting standards 52

accounting standards Account accountant accounted 52

CPA Practice

MARCH 31, 2023

The Financial Accounting Standards Advisory Council ( FASAC ) held its quarterly meeting on Tuesday, March 7, 2023. The FASB chair provided highlights on FASB activities, and the SEC and PCAOB staff members commented on current issues and activities. Council members discussed the following topics.

accounting standards 59

accounting standards financial accounting Account accountant 59

Katz,Sapper&Miller

AUGUST 31, 2020

The Government Accounting Standards Board (GASB) regularly issues GASB Statements to set accounting and financial reporting standards for state and local governments that follow generally accepted accounting principles in the United States (U.S. Below are select statements that were recently issued.

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accounting standards accounting principles Account accountant 98

CPA Practice

FEBRUARY 28, 2023

The Financial Accounting Foundation (FAF) has launched its free, enhanced online access to the Accounting Standards Codification and the Governmental Accounting Research System (GARS), implementing a change announced last month. governmental entities.

accounting standards 52

accounting standards Account accountant accounted 52

CPA Practice

JUNE 2, 2023

Adhering to financial statement standards, like the new GAAP lease accounting standard s that went into effect January 2022 for many private companies, is one way you can help your clients stay compliant and avoid additional scrutiny while ensuring the stability of their bank relationships.

accounting standards 52

accounting standards Account accountant accounted 52

CPA Practice

FEBRUARY 3, 2023

As expected, the Financial Accounting Standard Board (FASB) voted on Wednesday to issue an exposure draft of a new accounting standard that would require companies to measure cryptocurrency assets, like Bitcoin and Ethereum, using fair value accounting, with gains and losses recorded in current period comprehensive income.

accounting standards 52

accounting standards Account accountant accounted 52

CPA Practice

MAY 24, 2024

The Board of Trustees of the Financial Accounting Foundation (FAF) today announced that Hillary H. Salo, whose five-year term on the Financial Accounting Standards Board (FASB) begins July 1, 2024, will serve as the board’s vice chair upon the start of her term. In this capacity, she will succeed current FASB vice chair James L.

financial accounting 52

financial accounting accounting standards North Carolina Account 52

Cherry Bekaert

JUNE 28, 2023

This webinar provides an overview of the ASC 326 Financial Instruments – Credit Losses (CECL) accounting standard. Our speakers discuss the key changes from the legacy incurred loss model, what instruments are in scope under the new standard, and areas companies should focus on during implementation.

accounting standards 52

accounting standards Account accountant accounted 52

LSLCPAs

DECEMBER 17, 2021

The Financial Accounting Standards Board FASB rejected the Pennsylvania Institute of CPA’s (PICPA) request for a two-year extension of the lease accounting standard’s due date. The lease standard takes effect for nonpublic entities for fiscal years beginning after Dec.

accounting standards 52

accounting standards Pennsylvania Non-Profits Account 52

Accounting Today

OCTOBER 11, 2023

The changes aim to make the ESG rules more relevant to a global audience.

accounting standards 78

accounting standards Account accountant accounted 78

Katz,Sapper&Miller

MAY 12, 2020

The Governmental Accounting Standards Board (GASB) regularly issues GASB statements to set accounting and financial reporting standards for state and local governments that follow generally accepted accounting principles in the United States (U.S.

accounting standards 56

accounting standards accounting principles Account accountant 56

Katz,Sapper&Miller

FEBRUARY 26, 2020

The Financial Accounting Standards Board (FASB) has issued the Proposed Accounting Standards Update Not-for-Profit Entities (Topic 958): Presentation and Disclosures by Not-for-Profit Entities for Contributed Nonfinancial Assets (Exposure Draft), which would impact the presentation and disclosure of contributed nonfinancial assets, also known as gifts-in-kind (..)

accounting standards 58

accounting standards Account accountant accounted 58

Cherry Bekaert

FEBRUARY 1, 2023

In this webinar, we cover an overview of the Accounting Standards Updates (ASUs) released for year-end 2022 and 2023 that may impact your business.

accounting standards 40

accounting standards Account accountant accounted 40

PYMNTS

JUNE 24, 2019

Financial regulators are considering allowing smaller businesses (SMBs) more time to comply with sweeping changes in lease accounting standards, which experts have said will place a significant burden as organizations work to comply with the requirements. We’ll ask you for input on this as well.”

accounting standards 58

accounting standards Account accountant accounted 58

Accounting Today

JULY 24, 2024

The Financial Accounting Standards Board issued a proposed accounting standards update to request public comments on possible changes to two of its standards.

accounting standards 117

accounting standards financial accounting Account accountant 117

PYMNTS

OCTOBER 18, 2019

The Financial Accounting Standards Board (FASB), which establishes accounting standards in the U.S., is offering corporates more time to adopt some revised standards, The Wall Street Journal said on Thursday (Oct. 15, 2022 to adopt CECL. 15, 2019 deadline for large public lenders has not changed.

accounting standards 40

accounting standards Account accountant accounted 40

PYMNTS

OCTOBER 9, 2018

Banks and businesses alike are heading toward the 11th hour of changes in accounting standards, which will have a major impact on how companies report financial metrics and performance. Experts say the move will not go unnoticed when the accounting standards begin to take effect for public companies in 2021.

accounting standards 61

accounting standards Account accountant accounted 61

PYMNTS

SEPTEMBER 26, 2019

The Securities and Exchange Board of India will reportedly give non-bank financial companies (NBFCs) two years to adopt and implement changes to accounting standards, the Financial Express reported Wednesday (Sept. regulators have given small businesses more time than other firms to adopt the accounting standard changes.

accounting standards 43

accounting standards Account accountant accounted 43

Katz,Sapper&Miller

JULY 18, 2019

On July 17, the Financial Accounting Standards Board (FASB) voted to have its staff prepare an exposure draft to delay the effective dates for accounting standard changes on leases, credit losses, and hedging.

accounting standards 40

accounting standards Account accountant accounted 40

Katz,Sapper&Miller

NOVEMBER 21, 2019

The Financial Accounting Standards Board (FASB) has officially deferred the effective dates of new Accounting Standards Updates (ASUs) related to credit losses, leases, hedging, and long-duration insurance contracts with the issuance of ASU No. 2019-09, Financial Services—Insurance (Topic 944): Effective Date and ASU No.

accounting standards 40

accounting standards Account accountant accounted 40

Katz,Sapper&Miller

APRIL 24, 2019

The Governmental Accounting Standards Board (GASB) regularly issues GASB statements to set accounting and financial reporting standards for state and local governments that follow generally accepted accounting principles in the United States (U.S. Below are select statements that were recently issued.

accounting standards 40

accounting standards accounting principles Account accountant 40

PYMNTS

OCTOBER 1, 2019

have led the Financial Reporting Council (FRC) to enact more stringent accounting standards, The Guardian reported on Monday (Sept. According to reports, the FRC issued an updated going concern standard, adding “significantly stronger requirements” for U.K. More high-profile corporate collapses in the U.K.

accounting standards 51

accounting standards auditor Account accountant 51

Katz,Sapper&Miller

MARCH 21, 2019

The Governmental Accounting Standards Board (GASB) has issued Statement No. 87, Leases, in an effort to provide information that is more relevant and consistent related to the reporting of leases by governments. Effective for reporting periods after Dec.

accounting standards 40

accounting standards Account accountant accounted 40

Katz,Sapper&Miller

OCTOBER 17, 2019

Yesterday, the Financial Accounting Standards Board (FASB) voted to approve proposals to amend the effective dates for several major Accounting Standards Updates (ASUs). The FASB voted to issue final ASUs to amend the effective dates of the following ASUs:

accounting standards 40

accounting standards Account accountant accounted 40

Accounting Today

JULY 12, 2024

The Financial Accounting Standards Board released a new chapter of its Conceptual Framework on the measurement of items recognized in financial statements, while also drawing that project to a close.

accounting standards 120

accounting standards financial statements financial accounting Account 120

Accounting Today

DECEMBER 13, 2023

The Financial Accounting Standards Board released its long-awaited accounting standards update to improve the accounting for and disclosure of certain cryptoassets.

accounting standards 130

accounting standards financial accounting Account accountant 130

Accounting Today

SEPTEMBER 30, 2024

The proposed accounting standards update aims to enhance the accounting guidance for share-based consideration payable to a customer in conjunction with selling goods or services.

accounting standards 67

accounting standards Account accountant accounted 67

Accounting Today

SEPTEMBER 20, 2024

The International Accounting Standards Board has begun a public consultation on proposed amendments to IFRS to account for investments in associates and joint ventures.

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international accounting standards accounting standards Account accountant 78

Accounting Today

DECEMBER 14, 2023

The Financial Accounting Standards Board issued an accounting standards update Thursday aimed at improving income tax disclosures from companies.

income tax 122

income tax Tax accounting standards financial accounting 122

Accounting Today

AUGUST 14, 2024

The International Public Sector Accounting Standards Board has proposed an update to its rules for first-time adoption of accrual basis International Public Sector Accounting Standards.

accounting standards 73

accounting standards Account accountant accounted 73