The Financial Accounting Foundation’s board of trustees is changing the process for assessing the effectiveness of standards.
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May 15, 2020
Upcoming Events May 15, 2020
Daily Briefing
Post-implementation review process overhauled for accounting standards
By Michael Cohn      2 min read
The Financial Accounting Foundation’s board of trustees is changing the process for assessing the effectiveness of standards.
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Pandemic strategies for firm leaders
Join Accounting Today for a roundtable webinar with Gary Boomer, Allan Koltin and Gary Shamis discussing how accounting firms can survive — and even thrive — in the COVID-19 environment.
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In crisis, small businesses need small accounting firms
By Christopher Arnold      4 min read
In this environment where information is fluid and everything is changing on a daily basis, accountants must stay out in front of clients’ needs.
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More PPP loans seem to be coming through for anxious business owners
By Michael Cohn      3 min read
The Small Business Administration’s troubled Paycheck Protection Program appears to be providing more businesses with long-awaited loans, despite the rocky rollout and ever-changing guidance, according to a new survey.
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Marriage lockdown: Divorce in the time of coronavirus
By Brian M. Karpf      4 min read
Divorce and COVID-19 each bring various tax considerations.
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The six levers of value creation
By Marc Rosen      3 min read
Professional services firms need to adopt a business catalyst mindset to drive value acceleration.
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Grant Thornton introduces blockchain platform for managing intercompany transactions
By Ranica Arrowsmith      2 min read
The firm has implemented inter.x in-house, but it is also available to clients to manage dealings between financial entities of a business, which account for 30 to 40 percent of the global economy.
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IRS limits loan forgiveness in Paycheck Protection Program
By Tracey J. Niemotko      2 min read
The Internal Revenue Service guidance caused some consternation among some small businesses and tax experts.
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KPMG offers policy and technical framework for bringing workers back to office
By Ranica Arrowsmith      3 min read
The COVID-19 pandemic has forced workers across the US to stay home. KPMG offers a robust plan for bringing staff back to the workplace when the time comes.
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Tax Fraud Blotter: Snow jobs
By Jeff Stimpson      5 min read
A fuel and his money; see ya labor; low miles but high taxes; and other highlights of recent tax cases.
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Trump looking at Chinese cos. on U.S. exchanges that don’t follow accounting rules
By Mario Parker      2 min read
The president acknowledged the move could prompt Chinese companies to move off of the NYSE and Nasdaq.
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RESOURCES
WHITEPAPER
ASC 842, IFRS 16, and GASB 87: The dramatic impact of the new lease accounting standards  →
WHITEPAPER
New normal to best practice  →
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