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FASB reaffirms its restrictions on how banks can qualify for sale accounting treatment and issues a series of related questions and answers ( ).

A new study says FASB’s imminent ban on pooling will make solid balance sheets and abundant cash flows—not high PE ratios—the most powerful bargaining tools in mergers and acquisitions ( ).


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.