Accounting Standards

Example disclosure topics include food safety, labeling & marketing integrity, climate change adaptation, and supply chain management. The standards average six topics per industry, and 71 percent of metrics are quantitative.

The AICPA recommended that to the extent taxpayers may make accounting method changes for mischaracterized R&E expenditures with a section 481(a) adjustment they should receive audit protection for prior years.

The American Institute of Certified Public Accountants (AICPA) appreciates the opportunity to review and provide input into the February 2015 Request for Comment (Request) on the Financial Accounting Foundation’s Three-Year Review of the Private ...

Thomson Reuters has introduced PPC’s Guide to SSARS Preparation Engagements in response to the new financial statement preparation service introduced by the Accounting and Review Services Committee of the AICPA.

SAP SE has released the SAP Revenue Accounting and Reporting application, which specifically addresses both requirements derived from this new accounting standard as well as generic and existing requirements related to revenue recognition across various

The U.S. Securities and Exchange Commission (SEC) has adopted the 2015 GAAP Financial Reporting Taxonomy, the agency reported on Monday. The 2015 GAAP Taxonomy is available online.

The Financial Accounting Standards Board (FASB) has issued an Accounting Standards Update (ASU) intended to improve targeted areas of consolidation guidance for legal entities such as limited partnerships, limited liability corporations, and ...

The Financial Accounting Standards Board (FASB) and the Private Company Council (PCC) will host their fourth Private Company Town Hall Meeting on April 28, 2015, at Southern Methodist University in Dallas, Texas. The town hall meeting will take place from