Accounting Standards
FAF Redesigns FASB Website
Revamped websites for the Financial Accounting Foundation and the GASB will also be going live in the coming weeks.
GASB Issues New Guidance on Risk Disclosures
The new statement is meant to provide financial statement users with information about certain risks when circumstances make a government vulnerable to a heightened possibility of loss or harm.
FASB Adds Members to Not-for-Profit Committee
The Financial Accounting Standards Board (FASB) has announced the appointment of six new members to its Not-for-Profit Advisory Committee (NAC), effective January 1, 2024.
The IIA Releases New Global Internal Audit Standards
The standards provide internal audit principles, requirements, and considerations for implementation in a streamlined format.
FASB Adds New Members to Not-for-Profit Advisory Committee
The Financial Accounting Standards Board (FASB) has appointed six new members to its Not-for-Profit Advisory Committee (NAC), effective January 1, 2024.
Grant Thornton Supports Global Climate Reporting Standard
The global consulting and accountancy firm Grant Thornton has issued a statement in support of a standard for global climate reporting.
AICPA News – Jan. 2024
AICPA News is a recap of recent announcements from the American Institute of CPAs.
AICPA Wants Changes to the Labor Department’s Retirement Security Rule
About 138,000 AICPA members advise individual, family and business owner clients on personal financial planning matters.