Accounting
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.
Teamwork Makes the CAAS Dream Work
A strong CAAS practice includes three elements: people, processes, and technology. Hopefully, you’ve established a strong internal team with efficient training and processes already. The third and equally critical element to the success of a thriving ...
PICPA Elects 125th President of Statewide Organization at Annual Meeting
Risden serves as chief financial officer and treasurer of Vision Benefits of America Inc. (VBA), a vision insurance company in Carnegie, Pa. As PICPA president, Risden will be dedicated to empowering the PICPA Board and staff to move its strategic ...
ITA Doubles Down on CAS at 2022 Spring Collaborative
The Information Technology Alliance (ITA), an independent membership association of leading mid-market technology professionals, consultants and product/service providers in North America, continued to expand its Client Accounting Services (CAS) track ...
PCAOB OKs Changes in the Oversight of Audits Involving Outside Auditors
The Public Company Accounting Oversight Board (PCAOB) voted unanimously to amend current auditing rules and introduced a new standard on June 21 pertaining to an audit firm’s use of so-called “other auditors” who lend a hand during the course of an audit.
U.S. Jobs Report for May Shows Smaller Gains
U.S. companies in May added the fewest jobs since the pandemic recovery began, a private report showed, suggesting employers struggled to recruit and retain workers in the month despite a near-record level of job openings.
Deborah Thaw, CPA, CGMA Elected Chair of GSCPA Board of Directors for 2022-23 Year
Thaw has been an active and involved member of GSCPA for 41 years. She previously has served as President of the Educational Foundation, terms as a statewide director and treasurer on the GSCPA Board of Directors, and has volunteered her time on ...
Guide Offers Advice on Managing ESG Fraud Risks
Environmental, social and governance (ESG) initiatives are some of the most important topics discussed in boardrooms today. However, when ESG programs are not implemented correctly, organizations can quickly find themselves enmeshed in a maelstrom of missteps and negative headlines.