article thumbnail

Friday Footnotes: Bob Moritz Disappoints Us; ERC Window Slamming Shut; 2024 Sucks For Firms? | 3.22.24

Going Concern

Day Named Technical Director of the Financial Accounting Standards Board [ FASB ] The Financial Accounting Standards Board (FASB) on March 20 announced the appointment of Jackson M. Mr. Day has spent most of his 38-year accounting career at EY, which he initially joined in 1986 on the audit staff in St.

article thumbnail

Accounting Professors Receive Honors from Illinois CPA Society

CPA Practice

Jurgens’ courses include financial accounting, managerial accounting, intermediate accounting, and auditing. She’s the curriculum faculty lead, the faculty lead for the development of online accounting classes, and the coordinator for the business department across all City Colleges.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Pulling Back The Curtain On Corporate Finance Reports

PYMNTS

Corporate accounting standards are changing, with the Financial Accounting Standards Board adopting new standards in ways companies report on leases, hedging and other financial activity. ” Meanwhile, previous research from Audit Analytics has also revealed that the number of accounting errors among the U.S.’s

Finance 55
article thumbnail

Guide to accountant responsibilities

ThomsonReuters

Furthermore, accountants are increasingly focusing on a particular vertical or niche to further boost their competitive edge. Responsibilities around AI in accounting Further illustrating this point are the advancements in innovative technology, such as AI, and its impact on the profession.

Account 59
article thumbnail

Ways to prevent financial reporting errors

ThomsonReuters

The Securities and Exchange Commission (SEC) is charged with regulating the financial statements of publicly held companies. For private companies, they may have their financial statements audited or reviewed by a CPA.