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Proposal would pave the way for a new attestation service
A proposal by the AICPA’s ARSC would result in flexibility for practitioners performing and reporting on a procedures and findings service.
Proposal would revise standards for recognition of federal agency inter-entity costs
FASAB’s proposed rules would revise current standards for federal agencies to provide for recognition of inter-entity costs by business-type activities.
Private company accounting following a new path
FASB standard provides relief for private companies facing challenges completing hedge documentation in a timely manner.
7 industries included in new revenue recognition guide exposure
Revenue recognition issues related to seven industries were exposed for public comment by the AICPA FinREC.
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