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

Going Concern

OCTOBER 7, 2022

FRC probing Mazars audit of Studio Retail Group [ Compliance Week ] The U.K. Financial Reporting Council (FRC) on Thursday announced it opened an investigation into accounting firm Mazars regarding its audit of financial statements at Studio Retail Group. Firm Watch. ?FRC

Illinois 98

Illinois CPA audit financial statements 98

inDinero Accounting

JUNE 29, 2023

The history of GAAP dates back to 1929 when the Committee on Accounting Procedure was founded by the American Institute of Accountants and tasked with developing uniform accounting standards. The components of GAAP can be broken down into two main categories: accounting procedures and reporting standards.

accrual accounting 97

accrual accounting accounting principles accounts payable accounting and finance 97

Going Concern

APRIL 4, 2025

Since 2020, some of the SECs largest enforcement actions were brought against companies engaged in accounting violations. That metric influenced how much Macy’s executives were paid in bonuses the following year.

Tax 52

Tax cpas Alabama Gaming 52

Going Concern

DECEMBER 22, 2023

Firm Watch Accounting firm BDO USA settles 401(k) lawsuit [ Pensions & Investments ] The accounting firm BDO USA LLP has agreed to settle a lawsuit by three former employees who alleged that the company and its fiduciaries mismanaged a 401(k) plan in violation of ERISA.

auditor 111

auditor audit accounting firms accounting and finance 111

Going Concern

OCTOBER 21, 2024

Financial reporting data has become extremely structured and repeatable across all enterprises because it’s guided by the standards set out through generally accepted accounting principles (GAAP), which are governed by the Financial Accounting Standards Board (FASB). And I thought, It’s simple. It’s clear.

Account 59

Account accountant accounted South Dakota 59

Going Concern

MAY 12, 2023

Shawver will serve as the new chair of the Financial Accounting Standards Board panel devoted to private company accounting concerns, FASB’s parent organization announced Friday. 1, 2024, the Financial Accounting Foundation said.

CPA 111

CPA Account accountant accounted 111