Accounting Standards
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2024 Grads Actually Want to Work in the Office, Gusto Finds
Shohei Ohtani’s Former Interpreter Agrees to Plead Guilty to Stealing $17 Million
C-Suite is Optimistic About GenAI Use Within Finance and Accounting, Deloitte Says
95% of Small Biz Owners Happy with Company They Started
Financial Accounting Foundation Names New Vice Chair and Members of GASAC
Lisa Washburn was appointed GASAC vice chair and David Goldman and Deborah L. Miller were appointed to the council.
AICPA & CIMA Join International Initiatives to Support Implementation of IFRS Sustainability Disclosure Standards
The two initiatives are designed to raise global awareness about the IFRS Sustainability Disclosure Standards and support implementation of them.
COSO Appoints First Executive Director
COSO has provided thought leadership and guidance for organizations in areas of internal control, enterprise risk management, fraud deterrence, and governance.
AICPA Wants BOI Rule Suspended
Despite the AICPA’s extensive efforts, in coordination with many other stakeholders, to inform small businesses of their new obligations concerning BOI reporting, many remain broadly unaware of their reporting requirement.
FAF Redesigns FASB Website
Revamped websites for the Financial Accounting Foundation and the GASB will also be going live in the coming weeks.
GASB Issues New Guidance on Risk Disclosures
The new statement is meant to provide financial statement users with information about certain risks when circumstances make a government vulnerable to a heightened possibility of loss or harm.
FASB Adds Members to Not-for-Profit Committee
The Financial Accounting Standards Board (FASB) has announced the appointment of six new members to its Not-for-Profit Advisory Committee (NAC), effective January 1, 2024.
The IIA Releases New Global Internal Audit Standards
The standards provide internal audit principles, requirements, and considerations for implementation in a streamlined format.