PYMNTS

JUNE 10, 2019

Reports in The Block Crypto late last week said a group of California CPAs has sent a letter to the Financial Accounting Standards Board, a federal board that sets Generally Accepted Accounting Principles (GAAP), requesting that it consider establishing a task force to address a lack of clarity in cryptocurrency accounting standards.

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cpas California Account accountant 51

PYMNTS

MAY 21, 2018

M&G chief executive Anne Richards, HM Treasury non-executive director and deputy chair of Kinnevik Amelia Fawcett, and former audit partner at PwC and former chair of the Accounting Standard Board Mary Keegan are all on the panel. We have no faith in this whitewash.”.

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Account accountant accounted audit 40

PYMNTS

JUNE 6, 2019

Changes in lease accounting standards have led top retailers and restaurant chains in the U.S. The lease accounting standard overhauls, led by the Securities and Exchange Commission (SEC), change the way companies report their lease commitments.

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Account accountant accounted accounting standards 43

PYMNTS

AUGUST 1, 2018

According to the analytics firm, there is a trade finance-related corporate accounting loophole that may be widespread in the U.S. Supply chain financing programs offered by banks and alternative lenders do not necessarily require disclosure of the debts under corporate accounting standards. Defunct U.K.

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Finance accounting and finance corporate accounting accounting standards 40

PYMNTS

JULY 13, 2018

South Korean financial regulators said a unit of Samsung , Samsung BioLogics , intentionally breached corporate accounting rules, Reuters reported Thursday (July 12). The joint venture, Samsung Bioepis , was not disclosed to the FSC, reports said. Biogen, based in the U.S.,

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Account accountant accounted audit 40

PYMNTS

JANUARY 2, 2020

Several high-profile corporate collapses and initiatives from corporate accounting standard-setters have raised questions about businesses’ use of supply chain finance and whether the trade finance tool prevents investors and auditors from gaining a transparent view into company finances.

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auditor accounting and finance audit Finance 52

PYMNTS

MAY 3, 2019

The International Accounting Standards Board established the new lease accounting rules because previous lease accounting practices limited investor and analyst visibility into company finances without leases included on the balance sheet, reports explained.

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Account accountant accounted international accounting standards 49

PYMNTS

MAY 17, 2018

A few key themes emerged from the fallout, however, with analysts citing Carillion as a prime example of how a consolidated auditing market risks lackluster accounting standards, as well as how late payments by large corporates can have detrimental impacts on small suppliers. The Government’s Response.

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audit accounting and finance Government corporate accounting 40

PYMNTS

OCTOBER 11, 2018

Corporates are gearing up to manage a whole slew of accounting standards changes in the coming years, but one of the more immediate effects involves how leases are recorded on financial statements.

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Account accountant accounted financial statements 49

PYMNTS

JULY 6, 2018

Directors and preparers should ensure that they understand the impact of new accounting standards and have systems and processes in place to support reporting under these new standards.”. The new rules, reports explained, fall under AASB 15 and AASB 9 regulations.

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Account accountant accounted audit 41

PYMNTS

JANUARY 10, 2019

Now, analysts at the International Federation of Accountants (IFAC) are urging ERM to move beyond the c-suite. Professional accountants are well-positioned to better serve the organizations they work for by enabling effective enterprise risk management that identifies both risks and opportunities for the business,” the CEO noted.

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Finance auditor accounting and finance corporate accounting 74