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Panel critiques Basel Committee’s proposed international capital standards for banks ( ).

Draft IFAC standard focuses on roles of auditors and bank supervisors. Comments are due by June 12 ( 967512258 ).


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.