FASB issued proposed staff position
94-3-a and AAG HCO-a, Omnibus Changes to
Consolidation and Equity Method Guidance for
Not-for-Profit Organizations . The proposed
staff position makes several changes to the
guidance on consolidation and the equity method of
accounting in the AICPA Statement of Position
94-3, Reporting of Related Entities by
Not-for-Profit Organizations , and the
AICPA Audit and Accounting Guide, Health Care
Organizations . The proposed changes are
designed to simplify and improve the existing
guidance by making it more consistent between the
Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.
Recent reports focused on a survey that gauges the worries about retirement among CPA financial planners’ clients, a suit that affects tax practitioners, and a guide that offers advice on fraud risk. See how much you know with this short quiz.
As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.