Accounting Standards
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New Hire Screening Survey Helps Optimize WOTC Credits
New IFRS Accounting Standard Eases Financial Reporting for Subsidiaries
Bridging the Audit Talent Gap: Audit Outsourcing Solutions
2024 Grads Actually Want to Work in the Office, Gusto Finds
FASB Selects 11 Professionals to Sit on Emerging Issues Task Force
Based on feedback from stakeholders, the FASB recently revised the EITF's membership makeup and operating procedures.
2024 GAAP Taxonomy Approved By SEC
The SEC has accepted the taxonomies on GAAP financial reporting and SEC reporting, the FASB said on March 19.
New FASB Standard Clarifies Guidance on Profits Interest Awards
ASU helps companies determine whether these types of awards should be accounted for as share-based payment arrangements.
FASB Taps EY Partner as New Technical Director
Jackson Day, who is currently a partner in professional practice at EY, will begin his new role at the FASB this July.
Corporate Transparency Act and BOI Found Unconstitutional by Federal Court
A federal district court in Alabama has found the Corporate Transparency Act, which includes the controversial Beneficial Ownership Information reporting requirements, to be unconstitutional.
Institute of Internal Auditors Reviewing SEC’s New Climate Change Disclosure Rule
The IIA noted the importance of transparency in order to provide confidence to all stakeholders, including the public.
SEC Issues Climate Disclosure Rules
The Securities and Exchange Commission has published new rules to enhance and standardize climate-related disclosures by public companies and in public offerings.
How AI Can Help With Lease Accounting
Incorporating AI into lease accounting processes can significantly enhance efficiency and compliance with ASC 842.