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SMBs May Get More Time To Adopt New Accounting Standards

PYMNTS

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.”

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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. in Accounting from the University of Missouri – St. She holds a B.S.

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5 Ways to Attract and Retain Talent in the Accounting and Finance Industry

Cherry Bekaert

Further adding to the issue, fewer CPA examinations are taken each year as the appeal to a career in accounting declines among college students—thus creating a CPA shortage. retirement). Firms wishing to retain employees should also invest in continuous learning (i.e.,

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AICPA News – Nov. 2023

CPA Practice

To earn more about the AICPA & CIMA’s resources on practice management, please visit the PCPS section’s home page. Herz, CPA, CGMA, FCA, is the recipient of the 2023 AICPA Gold Medal Award of Distinction. Since 1944, it has been bestowed upon CPAs whose influence on the accounting profession has been especially notable.

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FASB Private Company Council Meeting Recap

CPA Practice

Scope Application of Profits Interest Awards: PCC members supported the amendments in Accounting Standards Update No. PCC members discussed various ways to educate stakeholders on this Accounting Standards Update.

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AICPA Calls On Fed For AR Financing Program

PYMNTS

Accounts receivable at many businesses continue[s] to grow as their customers hold onto cash,” Jason Brodmerkel, CPA, AICPA senior manager, Accounting Standards, said in the announcement. Providing liquidity for accounts receivable would help encourage growth and investments in business.”.

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Friday Footnotes: Deloitte’s Naughty Workpapers; Audit Reform Critics; Clients Getting Dropped Like Mics | 3.4.22

Going Concern

SEC Chief Accountant Lauds FASB for Engaging Investors, Stakeholders on Potential New Standards [ JD Supra ] Paul Munter, acting chief accountant for the SEC’s Office of the Chief Accountant, on Feb. Bureau of Labor Statistics reported Friday, although the number of accounting and bookkeeping jobs declined by 800.

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