Financial Reporting


The SEC proposes rules requiring CEOs and CFOs of publicly traded companies to certify their organizations’ quarterly and annual reports are accurate, timely and contain all the information a “reasonable” investor would consider “significant” ( www.sec.gov/news/press/2002-88.htm ). The rules also would cut to two business days—from the current five to 15—the time companies have to file Form 8-K, reporting a change in their independent auditor, the resignation of directors and other required disclosures. Comments are due August 26.

SPONSORED REPORT

Revenue recognition: A complex effort

Implementing the new standard requires careful judgment. Learn how to make significant accounting judgments and document them and collaborate with peers for consistent application.

TECHNOLOGY Q&A

How to create maps in Excel 2016

Microsoft Excel 2016 has two new mapping capabilities. J. Carlton Collins, CPA, demonstrates how to make masterful 2D and 3D maps in Excel 2016.

QUIZ

News quiz: Economy and health care changes top CPAs’ list

CPA decision-makers’ economic outlook and the House Republicans’ proposed tax changes as part of replacing the Patient Protection and Affordable Care Act received attention recently. See how much you know with this short quiz.