Financial Reporting

FASB issues employee compensation guidance ( ).

FASB issues an exposure draft on accounting for goodwill ( ). The comment period ended March 16.

Accounting for financial asset transfers, servicing addressed in FASB report ( ).

SEC issues final rule that says mutual funds must disclose after-tax returns ( ). Effective April 16.


6 key areas of change for accountants and auditors

New accounting standards on revenue recognition, leases, and credit losses present implementation challenges. This independently-written report identifies the hurdles that accounting professionals face and provides tips for overcoming the challenges.


How tax reform will impact individual taxpayers

Amy Wang, a CPA who is a senior technical manager for tax advocacy at the AICPA, answers to some of the most common questions on how the new tax reform law will impact individual taxpayers.