The Financial Accounting Standards Board and the Governmental Accounting Standards Board are under new chairmen Wednesday after their long-serving leaders completed their second terms.
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Audit & Accounting
July 6, 2020
Upcoming Events July 6, 2020
FASB and GASB undergo leadership transitions amid coronavirus
By Michael Cohn      5 min read
The Financial Accounting Standards Board and the Governmental Accounting Standards Board are under new chairmen Wednesday after their long-serving leaders completed their second terms.
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Auditors can improve ESG info amid coronavirus, says CAQ report
By Michael Cohn     2 min read
Audit firms can enhance the reliability of environmental, social and governance reporting, according to a new report from the Center for Audit Quality.
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Incoming GASB chair’s lack of state audit experience prompts questions
By Bill Bergman     3 min read
When Joel Black succeeds David Vaudt as chair on July 1, none of the board's seven members will have served as a state auditor or treasurer.
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Big Four face big split in U.K. as watchdog sets separation deadline
By Aoife White and Hugo Miller     2 min read
The U.K.’s dominant accounting firms must separate their audit units from other operations by June 2024 as the country’s industry watchdog reacts to shortcomings that led to the collapse of several companies.
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Continuous CPA Exam testing for U.S. candidates begins
By Sean McCabe     1 min read
The National Association of State Boards of Accountancy, the American Institute of CPAs and testing administrator Prometric have launched the Continuous Testing model for U.S. CPA Exam candidates, due to the ongoing coronavirus pandemic, effective July 1, 2020.
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