Government Accounting


The secretary of the Treasury, the director of the Office of Management and Budget and the comptroller general of the United States restructured the Federal Accounting Standards Advisory Board in January to increase the number of public members to six from three, decrease the number of federal government members to three from six and provide for terms of up to 10 years. ( www.fasab.gov/pdf/press_release_1-11-02.pdf )

SPONSORED REPORT

Solving the lease accounting challenge

The challenges of the new lease accounting standard have been pervasive to say the least. In this free, independently-written report, you'll learn effective adoption strategies as well as resources for easing the transition to the new standard.

FEATURE

Tackling TCJA changes this tax season

Return preparers must be ready for how the Tax Cuts and Jobs Act has modified many common features of individual and business returns.