- November 3, 2013 PCAOB might Develop a Standard for Auditing of Revenue In a conference last week, a member of the Public Company Accounting Oversight Board (PCAOB) said that PCAOB might develop a standard providing guidelines about audit of revenues. Jay Hanson, a member of PCAOB, said ...
- October 19, 2013 Path Forward on Disclosure Described by SEC Chair The Chair of the Us Securities and Exchange Commission (Sec), Mary Jo White, gave a discourse at US initiative meeting on the issue of data over-burden. In spite of the fact that she was fundamentally alluding to the ...
- August 25, 2013 US Accountants Being Asked to think more Globally Having aptitude in such points as worldwide assessment laws and worldwide administrative prerequisites will be sort of or extremely essential for bookkeeping and money experts five years from now, as per 69 percent of Cfos ...
- May 31, 2013 Security and Exchange Commission Refocuses on Accounting Fraud The Securities and Exchange Commission (SEC) is periodically throwing its attention to accounting fraud cases after being unfocused in current years to Ponzi schemes, and submarine mortgage fraud in the wake of the ...
- March 30, 2013 A Recent Addition by FASB of Three Implementation Guides to Extensible Business Reporting Language Series (XBRL) The Financial Accounting Standards Board has added three Implementation Guides to the XBRL series, prepared to assist users of the U.S. GAAP Financial Reporting Taxonomy comprehend how certain disclosures are structured ...
- February 17, 2013 Approval of the PCAOB Budget 2013 and Accounting Support Fee The SEC (Securities Exchange Commission) has approved the PCAOB (Public Company Accounting Oversight Board) Budget of 2013, a corporation which was established by the Congress to supervise the audit of public companies to ...
- January 15, 2013 Amended Proposals Have Come In The Market Related With The Revenue Regeneration A massive change has happened to the revenue regeneration process with the US principles of general accounting. The IASB and FASB endorse it. The two main organizations viz. The International Accounting Standards ...
- September 15, 2012 XBRL US and AICPA to Launch Certificate Program The AICPA and XBRL have come together to create a certificate program that focuses on the United States Generally Accepted Accounting Principles reporting in XBRL (Extensible Business Reporting Language) format. ...
- August 31, 2012 AICPA Raises Concerns over Faulty Letters Issued by IRS The AICPA has issued a letter to Doug Shulman, Internal Revenue Service’s Commissioner highlighting the concerns regarding the extensive problem that is troubling a number of taxpayers. AICPA has raised concerns ...
- August 29, 2012 AICPA Stretches Due Date for Receiving Comments on Proposed Changes in Accounting Standards The AICPA has stretched the due date for receiving comments from its members on the alterations proposed by them with regard to professional accounting standards. The American Institute of CPAs Professional Ethics ...
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