IFAC issues public sector exposure draft on events that occur after the reporting date. Comments are due by May 31 ( ).

IFAC exposure draft addresses segment reporting for public entities. Comments are due by May 31 ( ).

Public sector disclosure of financial instruments is the subject of IFAC exposure draft. Comments are due by May 31 ( ).

IFAC exposes draft on public sector accounting for investment property. Comments are due by May 31 ( ).

IASC standard prescribes accounting treatment for agricultural activity. Effective for annual financial statement periods on or after January 1, 2003 ( ).

IFAC signs up with eXtensible Business Reporting Language consortium ( ).

IFAC president outlines plan to improve global financial reporting and auditing ( ).

U.K. regulator addresses operating lease incentives, Web site development costs ( ).

U.K. accounting standard setter issues discussion paper on small entity reporting. Comments are due by May 18 ( ).


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.