CPAs can be forgiven for thinking there are more standards, and standards setters, to follow than ever before. The recent proliferation has come at the expense of any sense of uniformity or universality. Thus, professionals are presented with a dilemma when trying to decide which set of standards applies in any given context. The CPA Journal discussed this issues and other with Nicholas J. Mastracchio, author of “When Standards Aren’t So Standard,” published in the November 2016 print issue. This video supplement extends the conversation with Mastracchio and provides a deeper perspective on the issues discussed.
The CPAJ Journal article “When Standards Aren’t So Standard,” by Nicholas J. Mastracchio, appeared in the November 2016 print edition, available here.