Audit & Assurance

Jun 20, 2025, 00:00 AM by Jessica Barboza

Accounting firms in the U.S. have had a profitable last 12 months, due to adding new clients, technology, and service offerings, according to a new report from Xero.

Jun 20, 2025, 00:00 AM by Jessica Barboza

In case you missed them, here are some recent interesting financial A&A news items from around the web.

Jun 13, 2025, 00:00 AM by Jessica Barboza

Two Ohio Auditor of State auditors will serve on two new GASB consultative groups formed by GASB Chair Joel Black. One auditor will assist with GASB’s GAAP Structure pre-agenda research project. The second auditor will serve on the Voluntary Digital Financial Reporting Taxonomy Consultative Group.

Jun 13, 2025, 00:00 AM by Jessica Barboza

In case you missed them, here are some recent interesting financial A&A news items from around the web.

Jun 5, 2025, 00:00 AM by Jessica Barboza

The IRS has issued interim guidance regarding the application of the Sec. 55 corporate alternative minimum tax (AMT). The guidance in Notice 2025-27 provides an optional simplified method for determining applicable corporation status under Sec. 59(k).

Jun 5, 2025, 00:00 AM by Jessica Barboza

In case you missed them, here are some recent interesting financial A&A news items from around the web.

May 30, 2025, 00:00 AM by Jessica Barboza

FASB has published an Accounting Standards Update (ASU) to provide accounting guidance for share-based consideration payable to a customer in conjunction with selling goods or services.

May 30, 2025, 00:00 AM by Jessica Barboza

In case you missed them, here are some recent interesting financial A&A news items from around the web.

May 23, 2025, 00:00 AM by Jessica Barboza

FASB has published an Accounting Standards Update (ASU) that improves the requirements for identifying the accounting acquirer in FASB Accounting Standards Codification® Topic 805, Business Combinations. The ASU is based on a recommendation of the Emerging Issues Task Force (EITF).

May 23, 2025, 00:00 AM by Jessica Barboza

In case you missed them, here are some recent interesting financial A&A news items from around the web.

May 13, 2025, 02:00 AM by Natalie Rooney

The PCAOB has posted a new set of staff presentation videos designed to help firms implement four areas of their quality control system under QC 1000, A Firm’s System of Quality Control.

May 13, 2025, 02:00 AM by Natalie Rooney

In case you missed them, here are some recent interesting financial A&A news items from around the web.

May 5, 2025, 02:00 AM by Natalie Rooney

The House Financial Services Committee advanced Republican-backed legislation that would scuttle the independent watchdog for accounting firms that audit publicly traded companies and would shift its duties to the SEC.

May 5, 2025, 02:00 AM by Natalie Rooney

In case you missed them, here are some recent interesting financial A&A news items from around the web.

May 1, 2025, 00:00 AM by Jessica Barboza

FASB has published a proposed Accounting Standards Update (ASU) that would provide accounting guidance for debt exchange transactions involving multiple creditors. The proposed ASU is based on a recommendation of the Emerging Issues Task Force (EITF).

May 1, 2025, 00:00 AM by Jessica Barboza

In case you missed them, here are some recent interesting financial A&A news items from around the web.

Apr 25, 2025, 00:00 AM by Jessica Barboza

GASB has issued a Preliminary Views (PV) for public comment on proposals associated with accounting and financial reporting for severe financial stress and probable dissolution disclosures.

Apr 25, 2025, 00:00 AM by Jessica Barboza

In case you missed them, here are some recent interesting financial A&A news items from around the web.

Apr 24, 2025, 10:00 AM by Natalie Rooney

If a CPA hasn’t encountered cryptocurrency on a client’s balance sheet or in a portfolio yet, it’s just a matter of time. Learn more about cryptocurrency and red flags for fraud with Nick Ward, CPA, at the 2025 OSCPA Fraud and Forensic Conference.

Apr 18, 2025, 00:00 AM by Jessica Barboza

The Board of Trustees of the Financial Accounting Foundation (FAF) announced the Appointments Committee is seeking nominations for new members of the Private Company Council (PCC). New member terms will be for three years beginning Jan. 1, 2026, and ending on Dec. 31, 2028, with the possibility of reappointment to an additional three-year term.