Accounting, tax, auditing news

FASB proposes simpler approach for equity-linked contracts

Stakeholders have until Jan. 4 to comment on a proposal to simplify the application of guidance used to determine whether equity-linked contracts, such as warrants, should be considered indexed to an entity's own stock and potentially classified as equity.

AICPA proposes ethics guidance for alternative practice structures

Center for Audit Quality taps Dave Sullivan as CEO

FASB proposes changes to the accounting for equity-method investments

AI changes how accountants work, not what they do

AICPA proposes improvements to SOC 2 trust services criteria

“Ghost preparers” tied to $179 million in potentially fraudulent refunds