Accounting Standards

The standards help companies disclose sustainability information that is likely to be material. Example disclosure topics for these industries include management of chemicals in products, data security, labor conditions in the supply chain, and ...

FASB also offers free CPE webcast to look at taxonomy changes, simplification and guidance issues.

Oregon can now support e-filing and online payment of motor fuel tax returns and refunds for thousands of companies doing business in the state. The system also helps simplify reporting of city and county fuel taxes by consolidating 15 different tax ...

A new report called The Potential Pitfalls of SSARS 21 is now available from Thomson Reuters Checkpoint. The report focuses on significant changes to the Statements on Standards for Accounting and Review Services (SSARS) to help CPAs avoid potential ...

Example disclosure topics include food safety, labeling & marketing integrity, climate change adaptation, and supply chain management. The standards average six topics per industry, and 71 percent of metrics are quantitative.

The AICPA recommended that to the extent taxpayers may make accounting method changes for mischaracterized R&E expenditures with a section 481(a) adjustment they should receive audit protection for prior years.

The American Institute of Certified Public Accountants (AICPA) appreciates the opportunity to review and provide input into the February 2015 Request for Comment (Request) on the Financial Accounting Foundation’s Three-Year Review of the Private ...

Thomson Reuters has introduced PPC’s Guide to SSARS Preparation Engagements in response to the new financial statement preparation service introduced by the Accounting and Review Services Committee of the AICPA.