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» FASB issues guidance on whether private companies and not-for-profits can apply SEC SAB 118 on income tax application of the new tax law  


» FASB proposes adding transition option and practical expedient for lessors to new leases standard


» SEC Staff issues regulatory guidance on the accounting impact of the new tax reform law: Tax Cuts and Jobs Act


» FASB in Focus: Derivative and Hedging: Targeted improvements to accounting for hedging activities


» FASB in Focus: Clarifying the scope and the accounting guidance for contributions received and made  


Latest News

» FASB addresses financial reporting impacts of new tax law at January 10 Board meeting

» PCAOB issues updated staff guidance on implementing changes to auditor's report

» FASB releases 2018 GAAP Financial Reporting Taxonomy and SEC Reporting Taxonomy

» GASB issues implementation guide on other postemployment benefits

» IFAC report provides an analysis of the status of adoption of international standards and best practices in 2017

» FASAB seeks input on proposed federal standard designed to protect classified information

» CAQ issues new publication intended to assist audit committees in preparing to navigate the new auditor’s reporting model

» ASB issues three proposals designed to enhance the relevance and usefulness of the auditor’s report for audits of nonissuers

» Monitoring Group seeks comments on reforms to the global audit standard-setting process

» IPSASB issues revised Cash Basis IPSAS to address some of the main barriers to adoption of this standard


Financial reporting news

» FASB supersedes steamship entities guidance

» SEC Division of Corporation Finance issues updated Financial Reporting Manual

» FASB issues amendments to the Codification to reflect changes in certain SEC guidance

» FASB proposes targeted changes to key areas of accounting guidance

» GASB proposes guidance to clarify majority equity interests

» FASB issues ASU amending certain SEC guidance

» FASB issues guidance to improve and simplify hedge accounting

» FASB proposes changes to grant and contribution accounting

» FASB issues proposal to improve financial reporting associated with consolidation of variable interest entities

» FASB simplifies accounting for certain financial instruments with characteristics of liabilities and equity  

» FASB conducts early stage research about developing accounting standard for digital currencies

» GASB proposes changes to debt disclosures

» GASB establishes single approach to lease accounting by state & local governments

» Form AP: CAQ issues tool to assist audit committees in discussing the role of audit participants

» PCAOB adopts new standard to enhance the relevance and usefulness of the auditor's report

» IESBA proposes new guidance for professional skepticism and professional judgment

» GASB issues two Implementation Guides to provide clarity on requirements of GASB Standards

» FASB issues final guidance on “Premium Amortization on Purchased Callable Debt Securities”



International Financial Reporting News

» IFRS 9 on 'Financial Instruments' and IFRS 15 on 'Revenue from Contracts with Customers' are now effective

» IASB issues guidance on accounting for financial guarantee contracts under the IFRS for SMEs Standard

» IFRS 17 webcast: Transition requirements faced when applying IFRS 17 - Insurance Contracts - for the first time

» IFRS Foundation publishes IFRS Taxonomy guide for companies

» IASB provides support in understanding the new requirements in IFRS 17 - Insurance Contracts

» IASB issues updated IFRS work plan

» IASB finalizes amendments to IFRS 9 and IAS 28 regarding long-term interests in associates and joint ventures  

» IASB issues guidance on how to make materiality judgements

» IASB proposes amendments to IAS 16, "Property, Plant and Equipment," to reduce diversity in practice

» IASB proposes amendments to IFRS 9 on symmetric prepayment options

» Accounting for non-GAAP earnings measures: IASB Board member discusses non-GAAP measures

» Leases one year on—putting IFRS 16 into practice

» IASB releases its work plan for 2017-2021

» IASB Update: Staff summary of tentative decisions by the IASB

» IFRIC Update: Summary of tentative decisions by the IFRS Interpretations Committee

» IFRS for SMEs Update: IASB Staff update on the IFRS for SMEs Standard





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Small Business News

» SEC issues Small Entity Compliance Guide related to intrastate offering exemptions

» SEC staff issues small entity guide on changes to Exchange Act registration requirements under JOBS Act

» Crowdfunding: Small Business Capital-Raising Rules


Personal Finance News

» Free, Official Sources to Find Unclaimed Money

» GovLoans.gov has information about government loans available to individuals

» Job Seekers Resource Center


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