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Credit loss standard: FASB issues sweeping changes to credit loss guidance.

Latest News


» ASB proposes performance requirements when auditors are involved with exempt offering documents

» IESBA Redefines Accountants’ Ethical Role When Laws and Regulations Broken

» SEC staff issues new CDI regarding representations required in Exxon Capital Exchanges

» SEC Issues Order Granting Approval of Amendments to PCAOB Rules Relating to Inspections

» SEC Proposes Amendments to Update and Simplify Disclosure Requirements As Part of Overall Disclosure Effectiveness Review


» SEC proposes amendments to smaller reporting company definition

» SEC adopts rules for resource extraction issuers under Dodd-Frank Act

» PCAOB issues Staff guidance for firms filing the new Form AP on disclosing names of audit participants

» FASB proposes changes to consolidation guidance for interests held through related parties under common control

» IASB issues narrow-scope amendments to IFRS 2 Share-based Payment

» SEC proposes rules to modernize property disclosures for mining registrants

» SEC issues interpretive guidance on the use of non-GAAP financial measures

» CAQ issues highlights from the March 21 meeting of its SEC Regulations Committee with the SEC staff

» IAASB issues a new paper: The New Auditor’s Report: A Comparison between the ISAs and the PCAOB Reproposal

» What the SEC is saying about the new revenue recognition standard

» PCAOB Proposes to Strengthen Requirements for Auditor Supervision of Other Auditors
» PCAOB updates standard-setting agenda

Financial Accounting News


» FASB proposes changes to consolidation guidance for interests held through related parties under common control

» FASB in Focus:  FASB issues sweeping changes to credit loss guidance

» FASB summarizes the expected benefits and costs of its new Credit Losses Standard

» FASB proposes technical corrections to new revenue standard

» FAF - the oversight body of the FASB and GASB - publishes 2015 Annual Report

» FASB issues Update: Revenue from Contracts with Customers: Narrow-Scope Improvements and Practical Expedients


Non-GAAP financial measures: The SEC Division of Corporation Finance issues interpretive guidance on non-GAAP financial measures.


» Final minutes of the March 3 EITF meeting

» FASB Outlook E-Newsletter Q2 2016

» FASB proposes to simplify the accounting for goodwill impairment

» FASB updates revenue standard on performance obligations and licenses

» FASB issues new guidance on employee share­-based payment accounting

» FASB meeting decisions and materials

» FASB project updates: Technical agenda

International Financial Reporting News

» IASB issues narrow-scope amendments to IFRS 2 Share-based Payment

» The case for principle-based accounting: Remarks by IASB Member Gary Kabureck

» IFRS Foundation publishes 2015 Annual Report

» IASB issues amendments to the Revenue Standard

» IASB issues new lease accounting standard – IFRS 16, Leases

» IFRIC Update: IFRS IC meeting summary

» IASB Update: Staff summary of IASB board meetings

» IFRS for SMEs Update

» Who uses IFRS?


Small Business News

» 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

» How will the new overtime rules affect workers?

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

» Job Seekers Resource Center


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