A&A news from around the web: May 6 – 10, 2019

What to know now that new leasing standards are in effect
Now that new leasing standards issued by FASB and IASB are effective, the first quarter or first half year results will show these lease obligations front and center on the balance sheet. Here’s what you need to know and how you can better assist your clients when it comes to lease accounting.

5 ways the SEC wants to improve financial reporting
In a recent speech, the SEC’s Wesley Bricker focused on the audit industry and the growing investor skepticism towards audit firms.