FASB has published a proposed Accounting Standards Update (ASU) to improve the accounting guidance for share-based consideration payable to a customer in conjunction with selling goods or services.
FASB has published a proposed Accounting Standards Update (ASU) that would clarify certain aspects of the guidance on hedge accounting and address several incremental hedge accounting issues arising from the global reference rate reform initiative.
Crypto assets–There are many unknowns about where the future of this emerging and complex subject is heading, but one thing is certain: crypto transactions impact an entity’s finances. Those impacts must make their way to the financial statements. And those statements must be audited for accuracy and assurance.
One professional’s Big Four experience inspired her to research gender differences in accounting, and her findings revealed the impact of having a woman in a leadership role.
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.
Jul 31, 2020, 13:01 PM
by
Jessica Salerno Shumaker
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.
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.
As cyber security headaches make their way into everyday business tasks, financial professionals need to consider how these issues will change the way they work in the future.