A&A news from around the web: July 31 – August 4, 2017

Written on Aug 01, 2017

The new accounting standard on credit losses: doubts persist
A year after FASB issued Financial Instruments – Credit Losses with new rules requiring upfront recording of estimated expected credit losses on loan instruments, concerns persist about the impact the directives could have on investors, accountants and financial institutions.

AICPA releases sustainability attestation guide
The AICPA has issued a new guide to help accountants provide assurance on their corporate clients’ environmental information.

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