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Mar 28, 2025
The SEC has accepted the 2025 GAAP Financial Reporting Taxonomy (GRT), the 2025 SEC Reporting Taxonomy (SRT), and the 2025 GAAP Employee Benefit Plan Taxonomy (EBPT). FASB also finalized the 2025 DQC Rules Taxonomy (DQCRT) and the 2025 GAAP Meta Model Relationships Taxonomy (MMT), which together with the GRT, the SRT, and the EBPT are collectively referred to as the “FASB Taxonomies.”
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Mar 28, 2025
In case you missed them, here are some recent interesting financial A&A news items from around the web.
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Mar 21, 2025
GASB has published a Post-Implementation Review (PIR) report on the Board’s fair value standard.
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Mar 21, 2025
In case you missed them, here are some recent interesting financial A&A news items from around the web.
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Mar 13, 2025
The SEC announced that its Division of Corporation Finance is further facilitating capital formation by enhancing the accommodations available to companies for nonpublic review of draft registration statements.
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Mar 13, 2025
In case you missed them, here are some recent interesting financial A&A news items from around the web.
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Mar 07, 2025
Total monetary penalties levied by the Public Company Accounting Oversight Board set a new record for the third consecutive year in 2024 as the number of enforcement actions reached levels not seen since 2017, according to a new report released on Feb. 26 by Cornerstone Research.
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Mar 07, 2025
In case you missed them, here are some recent interesting financial A&A news items from around the web.
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Mar 06, 2025
As a former Big 4 auditor, Peter Zender, CPA, has seen a few things. His presentation at the OSCPA’s 2025 Employee Benefit Plan Audit Conference focuses on helping other CPAs identify how they can make their employee benefit plan audits go more smoothly.
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Mar 06, 2025
If you lead an accounting and auditing practice, your firm already has resources that can be scaled to develop a peer review practice, increasing your overall value and solutions provided. Is peer review a great fit for you and your firm?
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Feb 28, 2025
While challenges persist in areas such as talent, communication, audit quality and risk management, audit committees are increasingly focused on cybersecurity, according to Deloitte and the Center for Audit Quality’s most recent Audit Committee Practices Report.
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Feb 28, 2025
In case you missed them, here are some recent interesting financial A&A news items from around the web.
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Aug 23, 2023
The four-step process to auditing cashless transactions is a guide for auditors to use as they navigate their client’s many pathways of cashless transactions.
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Aug 18, 2022
In June, the AICPA issued new quality management standards that will become effective Dec. 15, 2025.
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Jul 31, 2020
Here's how the OSCPA Accounting and Auditing Committee answered a question from a member on a GAAP exception for new revenue recognition and lease standards.
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Jul 31, 2020
A new group of audit reporting standards proposed in November by the AICPA Accounting Standards Board aims to increase the transparency of the auditor’s considerations in issuing an opinion.
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Jul 31, 2020
In April the CPA exam will undergo a change meant to prepare new CPAs for a world focused more on application, analysis and interpretation.
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Jul 31, 2020
Rob MacKinlay, CPA, CGMA, has, as he calls it, a “weird brain.”
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Apr 02, 2020
Companies across the world are increasingly interested in sustainability reporting.
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Aug 21, 2019
Audit reporting standards are changing, and an expert says CPAs must understand what the changes are, train staff and communicate with clients.