Category: Taxation

Go to Source Author: This publication provides you with a snapshot of the major accounting and regulatory developments that have occurred during the first quarter of 2020. This edition brings you up to speed on the Boards’...

Go to Source Author: The FASB issued guidance to provide temporary optional expedients and exceptions to the US GAAP guidance on contract modifications and hedge accounting to ease the financial reporting burdens of the expected...

Go to Source Author: The SEC amended the definitions of accelerated filer and large accelerated filer to exclude smaller reporting companies that have not yet begun to generate significant revenue. Smaller reporting companies...

Go to Source Author: In our comment letter, we support the PCAOB’s efforts to revise its quality control standards and agree that the PCAOB should follow the risk-based approach to quality management the International Auditing...

Go to Source Author: The AICPA has issued a set of criteria that establishes a framework for suppliers to prepare a description of a system used to manufacture, produce or distribute goods in a SOC for supply chain report. The...

Go to Source Author: The coronavirus outbreak and its related uncertainties have affected a number of companies, and the extent and duration of the effects remain unclear at this time. Our Technical Line addresses some of the...

Go to Source Author: The SEC amended the definitions of accelerated filer and large accelerated filer to exclude smaller reporting companies that have not yet begun to generate significant revenue. Smaller reporting companies...

Go to Source Author: This publication provides you with a snapshot of the major accounting and regulatory developments that have occurred during the first quarter of 2020. This edition brings you up to speed on the Boards’...

Go to Source Author: The FASB issued guidance to provide temporary optional expedients and exceptions to the US GAAP guidance on contract modifications and hedge accounting to ease the financial reporting burdens of the expected...

Go to Source Author: The SEC adopted final rules simplifying and streamlining its financial disclosure requirements for companies that conduct registered debt offerings involving subsidiaries as either issuers or guarantors and...

Go to Source Author: In our comment letter, we generally agree with the mission of the Auditing Standards Board (ASB) and the keys to its success, as well as the factors driving its strategy. We discuss the importance of...

Go to Source Author: The FASB proposed changes to presentation and disclosure requirements for not-for-profit (NFP) entities for contributed nonfinancial assets. NFPs would present contributed nonfinancial assets as a separate...