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Thomson Reuters Checkpoint

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CPAJ News Briefs: FASB, AICPA

By  Thomson Reuters Checkpoint

February 2023 0

FASB News Questions on Applicability of U.S. Deferred Tax Accounting to OECD Pillar Two Rules FASB staff have been fielding questions about the applicability of…

Featured

CPAJ News Briefs: FASB, IASB, AICPA

By  Thomson Reuters Checkpoint

January 2023 0

FASB News Part of Proposal on Lease Accounting Draws Skepticism FASB’s November 2022 proposal on lease agreements between commonly controlled entities received mixed reviews with…

Featured

CPAJ News Briefs: FASB, GASB

By  Thomson Reuters Checkpoint

January 2023 0

FASB News Board Will Issue Rule for Tax Credit Investments FASB has unanimously agreed with its Emerging Issues Task Force (EITF) that a proposal related…

Featured

CPAJ News Briefs: PCAOB, AICPA

By  Thomson Reuters Checkpoint

January 2023 0

PCAOB News Analysis Finds Decline in Number of Critical Audit Matters The PCAOB published post-implementation review (PIR) reports on its recent pronouncements on critical audit…

Featured

CPAJ News Briefs: FASB, IASB, AICPA

By  Thomson Reuters Checkpoint

January 2023 0

FASB News Proposal Raises Red Flags Over Definition of Joint Venture FASB may need to revise the definition of a joint venture in order for…

Featured

CPAJ News Briefs: FASB, PCAOB, IASB

By  Thomson Reuters Checkpoint

December 2022 0

FASB News Private Companies Back Proposal on Related Party Leases Under Common Control The Private Company Council (PCC), threw its support behind FASB’s November proposal…

Featured

CPAJ News Briefs: FASB, IASB

By  Thomson Reuters Checkpoint

December 2022 0

FASB News Small Private Construction Companies Not Complying With New Revenue Rules Small private companies in the construction sector appear oblivious to the fact that…

Featured

CPAJ News Briefs: FASB, IASB

By  Thomson Reuters Checkpoint

December 2022 0

FASB News Investors Await Disclosure Rules on Income Taxes Paid FASB Chair Richard Jones reassured advisers that a proposal the board plans to issue next…

Featured

CPAJ News Briefs: FASB, Audit

By  Thomson Reuters Checkpoint

December 2022 0

FASB News Advisers Offer Tepid Approval on Board Developing Rules for Government Grants FASB’s main advisory body said the board should advance its efforts to…

Featured

CPAJ News Briefs: FASB, IASB

By  Thomson Reuters Checkpoint

December 2022 0

FASB News Proposed Clarification of Lease Accounting Rules for Subsidiaries Controlled by the Same Parent Company FASB has proposed what could be the eighth round…

Featured

CPAJ News Briefs: FASB, IASB

By  Thomson Reuters Checkpoint

November 2022 0

FASB News Proposed Concepts for Recognizing and Derecognizing Financial Statement Items FASB has issued a proposal for public comment on the concepts it plans to…

Featured

CPAJ News Briefs: FASB, IASB, GASB

By  Thomson Reuters Checkpoint

November 2022 0

FASB News Small Public Filers Urge Efforts on Accounting Rules for Government Grants FASB’s current research on accounting for government grants should be advanced to…

Featured

CPAJ News Briefs: FASB, IASB

By  Thomson Reuters Checkpoint

November 2022 0

FASB News Two Standards and Two Proposals Coming by Year-End, Plus a Peak into 2023 For the remainder of this year, FASB plans to publish…

Featured

CPAJ News Briefs: IASB, PCAOB, AICPA

By  Thomson Reuters Checkpoint

October 2022 0

IASB News Companies Will Have to Disclose Pollution Caused by External Suppliers Multinational and other companies will be required to disclose their indirect greenhouse gas…

Featured

CPAJ News Briefs: FASB, IRS, IASB

By  Thomson Reuters Checkpoint

October 2022 0

FASB News New Conceptual Framework Chapter on ‘the Reporting Entity’ Proposed Companies can provide comments on a FASB proposal that would define the concept of…

Featured

CPAJ News Briefs: FASB, PCAOB

By  Thomson Reuters Checkpoint

October 2022 0

FASB News More Expense Lines Could be Required on the Income Statement FASB plans to require all companies to break out into component parts more…

Featured

CPAJ News Briefs: FASB, IASB

By  Thomson Reuters Checkpoint

October 2022 0

FASB News New Rules on Supplier Finance Programs Will Reveal Financial Health Starting next year, U.S. companies that use supplier finance programs to buy goods…

Featured

CPAJ News Briefs: FASB, PCAOB

By  Thomson Reuters Checkpoint

September 2022 0

FASB News ‘All’ Software Costs Will Be Addressed Under New FASB Project According to FASB, the current guidance on accounting for software costs is outdated…

Featured

CPAJ News Briefs: FASB, IASB

By  Thomson Reuters Checkpoint

September 2022 0

FASB News More Changes May be in the Pipeline for Lease Accounting While FASB said earlier this year that it would hold off on making…

Featured

CPAJ News Briefs: FASB, IASB

By  Thomson Reuters Checkpoint

September 2022 0

FASB News Staff Propose Data Quality Committee Rules, Other Updates to GAAP Taxonomy FASB’s taxonomy staff has issued a proposal that would incorporate seven additional…

Featured

CPAJ News Briefs: FASB, PCAOB

By  Thomson Reuters Checkpoint

September 2022 0

FASB News Multinationals May Get Converged Standards on Rate Regulation, Government Grants Multinational companies, many of which have routinely asked for converged solutions for U.S.…

Featured

CPAJ News Briefs: FASB, IASB

By  Thomson Reuters Checkpoint

August 2022 0

FASB News Inflation Reduction Act Could Impact Future Accounting Standards FASB Chair Richard Jones on August 23 hinted that legislation in the Inflation Reduction Act…

Featured

Tax & Accounting Update

By  Thomson Reuters Checkpoint

August 2022 0

Tax & Accounting Update is provided by Thomson Reuters and based on material published on Checkpoint, its online news and research platform. The Update is…

Featured

CPAJ News Briefs: FASB, GASB

By  Thomson Reuters Checkpoint

August 2022 0

FASB News SEC Accepts 2022 Q3 Supplemental GAAP Taxonomy FASB said the SEC accepted the 2022 Q3 Supplemental GAAP Taxonomy, which includes improvements to the…

Featured

CPAJ News Briefs: FASB, AICPA

By  Thomson Reuters Checkpoint

August 2022 0

FASB News Trustees Seeking Members for Key Advisory Body FASB’s trustees announced on August 2 that the application period is now open for new members…

Featured

CPAJ News Briefs: FASB, AICPA, PCAOB

By  Thomson Reuters Checkpoint

August 2022 0

FASB News Improvement to Supplier Finance Program Disclosure Rule is Credit Positive, Moody’s Says FASB’s recent decision to make changes to the disclosure of supplier…

Featured

CPAJ News Briefs: FASB, IASB

By  Thomson Reuters Checkpoint

July 2022 0

FASB News Two SEC Commissioners Urge FASB, GASB Trustees Not to Govern Over ESG Reporting. Two conservative SEC commissioners—Hester Peirce and Mark Uyeda—urged the Financial…

Featured

CPAJ News Briefs: FASB, IASB

By  Thomson Reuters Checkpoint

July 2022 0

FASB News Taxonomy Update for Long-Term Insurance Rules Proposed FASB staff have proposed an update to the U.S. GAAP Taxonomy with respect to a recently-proposed…

Featured

CPAJ News Briefs: FASB, IASB, AICPA

By  Thomson Reuters Checkpoint

July 2022 0

FASB News Pay Attention to Inventory Rules When Reporting Freight Costs Private Company Council (PCC) Chair Candace Wright said she wants to raise awareness about…

Featured

CPAJ News Briefs: FASB, AICPA

By  Thomson Reuters Checkpoint

July 2022 0

FASB News Report Explains Process to Establish New Rulemaking Priorities FASB has published a report about its process for establishing new technical and research agendas,…

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Our Latest Content

  • Technostress and the Accounting Profession February 2023
  • Diversifying the Audit Profession February 2023
  • Adding Age (A) to DEI Is a Good IDEA February 2023
  • CPAJ News Briefs: FASB, AICPA February 2023
  • Enhancing Employee Resilience February 2023












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