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FASB Private Company Council Meeting Recap

CPA Practice

User PCC members noted that the required disclosures in Topic 832, Government Assistance, are important to help users understand the accounting for government grants received by the private companies that they work with. PCC members discussed various ways to educate stakeholders on this Accounting Standards Update.

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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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AICPA News – Nov. 2023

CPA Practice

Since 1944, it has been bestowed upon CPAs whose influence on the accounting profession has been especially notable. Tracey Golden, Past Chair, AICPA and the Association of International Certified Professional Accountants, presented Herz with the award at the fall meeting of the AICPA governing Council.

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The Impact of AI on the Accounting Profession

CPA Practice

Cost accounting and inventory management: This includes standard cost systems, activity-based costing, and cost-volume-profit analysis, among others. It’s essential for companies to effectively manage their inventory costs and control the manufacturing process.

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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.

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AICPA Calls On Fed For AR Financing Program

PYMNTS

The proposal by the association puts forward the idea of a 90- to 180-day lending arrangement with the federal government. 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.

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Internal Audit Services for SEC Filers

Cherry Bekaert

Accounting, Compliance and Internal Control Solutions for Current and Prospective SEC Filers Our Risk Advisory Services practice helps organizations comply with SEC financial reporting, internal control and corporate governance requirements to deliver value and build resilience through effective Internal Audit services.

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