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FASB to Build Its Agenda Based on Input in 2025
Accounting
Bloomberg Tax reported that the Financial Accounting Standards Board’s (FASB) top priority for 2025 is identifying which…
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AICPA Letter Asks the SEC to Reject PCAOB Final Rules on Firm and Engagement Metrics
Accounting
The AICPA on Dec. 19 sent a comment letter to the Securities and Exchange Commission (SEC) against the Public Company…
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Bill to Prevent Government Shutdown Did Not Include BOI Reporting Deadline Extension
Accounting
According to the Journal of Accountancy, the bill that was passed on the night of Dec. 20 to prevent a federal government…
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SEC Approves PCAOB's 2025 Budget and Accounting Support Fee
Accounting
The Securities and Exchange Commission (SEC) voted on Dec. 18 to approve the Public Company Accounting Oversight Board's…
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FASB Seeks Input on Proposed Updates to Environmental Credits
Accounting
The Financial Accounting Standards Board (FASB) released a proposed Accounting Standards Update (ASU) on Dec. 17. This…
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FinCEN: Reporting Firms Can Voluntarily Submit BOI Reports Despite CTA Injunction
Accounting
The Financial Crimes Enforcement Network (FinCEN) said recently that reporting companies may continue to submit beneficial…
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Texas Federal Court Blocks Enforcement of Corporate Transparency Act Nationwide
Accounting
Bloomberg Tax reported that the Corporate Transparency Act and its implementing regulations, which mandate U.S. business…
Read More
IFRS Foundation Releases Guide on Sustainability-Related Risk
Accounting
The IFRS Foundation has released a new comprehensive guide made to assist organizations in identifying and disclosing…
Read More
FASB Seeks Input About Adding Guidance on Government Grant Accounting
Accounting
The Financial Accounting Standards Board (FASB) released a proposed Accounting Standards Update (ASU) on Nov. 20 that…
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