Government Accounting


The Federal Accounting Standards Advisory Board requests comments on the following exposure drafts ( www.fasab.gov/exposure.htm ): Elimination of the Category National Defense Property, Plant and Equipment (responses due by May 20), Target Audience and Qualitative Characteristics for the Consolidated Financial Report of the United States Government (responses due by June 30) and Selected Standards for the Consolidated Financial Report of the United States Government (responses due by June 30).

SPONSORED REPORT

How the election may affect taxation of business income

This report summarizes recent proposals to reform the U.S. business income tax system and considers the path to enactment of any such legislation.

VIDEO

How to Excel pivot a general ledger

The general ledger is a vast historical data archive of your company's financial activities, including revenue, expenses, adjustments, and account balances. J. Carlton Collins, CPA, shows how to prepare data for, and mine data with, PivotTables.

QUIZ

Did you follow 2016’s biggest accounting news?

CPAs will remember 2016 as a year of new standards and new faces. How well did you follow the biggest accounting events? The 7 questions in this quiz will help you find out