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FASB Introduces New Hedge Accounting Interest Rate
Accounting
Financial Accounting Standards Board (FASB) Update No. 2018-16. According to Accounting Today, the FASB introduced the new…
Read More
NYC Housing Agency Makes Changes to CPA’s Report at Society’s Urging
Accounting
After three years of negotiations, the New York City Department of Housing Preservation and Development (HPD) has agreed…
Read More
FASB Makes Long-Awaited Nonprofit Proposal
Accounting
The question of whether a transaction should count as an exchange or a contribution—and whether a contribution is…
Read More
Sustainability Conference Takes Practical Bent to Responsible Business
Accounting
Now in its second year, the Foundation for Accounting Education’s (FAE) upcoming Sustainability Investment Leadership…
Read More
Newsmakers: FASB Staffers Discuss Board's Revenue Recognition Standard
Accounting
a new standard on revenue recognition A KPMG survey, taken at the beginning of 2016, showed that just 29 percent of firms…
Read More
Beyond the Spreadsheet: Technological Changes Mean Industry Innovations for CPAs
Accounting
Editor’s note: This is the first of a three-part series on how technology is affecting the accounting profession. A…
Read More
Speakers reveal the many hats of the nonprofit CFO
Accounting
Years ago, the nonprofit CFO’s role was mainly operational: overseeing functions such as accounting, budgeting and…
Read More
Cybersecurity expert: Best defense is common sense
Accounting
Cybersecurity risks are just as real for small charities as they are for multinational corporations. Without the big budgets…
Read More
N.Y. Fed enforcement inspector: ‘Gaping hole’ in interbank communications leaves door open for money launderers
Accounting
Movies like “Scarface” and TV shows such as “Narco” glamorize drug lords for using banks to funnel their money into…
Read More
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