Accounting, tax, auditing news
LATEST NEWS
FASB seeks to reduce inconsistencies tied to customer-related payments
Stakeholders have until Nov. 23 to comment on a proposed Accounting Standards Update related to Topic 606, Revenue from Contracts with Customers. Also, FASB is set to hold an update for private companies and not-for-profits.
Ellison-Taylor, Dodaro receive AICPA’s highest honors
Problem solved: A math example of CPA-led assurance using AI agents
AICPA partners on new offering that assures AI systems and agents
Final regulations clear path for direct IRS card payments
FEATURED ARTICLE
Liquidation accounting: When a going concern dissolves
A longtime CFO shares lessons he learned shifting from a going concern basis to a liquidation basis of accounting. Find out what it means to apply FASB ASC 205-30 in a real-life dissolution and why discipline and transparency matter.
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