Accounting Standards
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Zone & Co Launches ZoneBilling AI Assistant
IRS Extends Tax Deadlines Until May For Helene Victims
Avantax Acquires SEP Financial Services
Sovos Launches Indirect Tax Suite for SAP, Enhances Clean Core Readiness
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NASBA Announces 2022-23 Board of Directors
The National Association of State Boards of Accountancy (NASBA) announces members of its Board of Directors for 2022-2023. Members were installed during NASBA’s 115th Annual Meeting, held Oct. 30 – Nov. 2, 2022, in San Diego, CA.
FASB Seeks to Amend Accounting Rules for Joint Ventures
The proposed ASU would give investors more information about a joint venture’s separate financial statements.
FASB Proposes New Chapter—the Reporting Entity—for Its Conceptual Framework
Stakeholders are asked to provide input on the characteristics of a reporting entity by Jan. 16, 2023.
FASB Decides on Accounting Method for Crypto Assets
Companies should measure crypto assets, like Bitcoin and Ethereum, using fair value accounting, the FASB said.
FASB: ’Significant Change’ Proposed for Segment Reporting Rules
The FASB says the proposed ASU would improve disclosures about a public company's segment expenses.
5 Mistakes to Avoid When Implementing the New Lease Standard
Simplify your lease accounting implementation by learning from the mistakes of public and international companies that are in their fourth year of following the new lease standard.
Accounting Profession Not Ready for ESG Measuring and Reporting, Says PICPA
PICPA surveyed members on their perceptions of ESG to fully understand how the accounting profession is preparing for new reporting standards in this area.
FASB to Review Accounting For Environmental Credit Programs
The Financial Accounting Standards Board (FASB) recently decided to tackle a project that could result in new rules being created on how companies should account for environmental credits, such as renewable energy credits and carbon offset credits.