Sourcing receipts for apportioning business income continues to be a challenge to CPAs, especially for providers of services. Financial service companies in particular have seen…
Proposed Framework for Valuing Financial Instruments Released
AICPA and IASB News
AICPA News Proposed Framework for Valuing Financial Instruments Released On July 6, the AICPA issued a proposed framework intended to help accountants and financial reporting…
Focus To Shift From New Standards To Improving Communication
IASB, PCAOB News
IASB News Focus to Shift from New Standards to Improving Communication Now that the IASB has finished its “big four” accounting standards—leases, revenue, insurance, and…