GLS Blog: Proposed Ethics Revisions: Loans, acquisitions, and other transactions
The AICPA has issued a proposal to update key terminology and certain ethics interpretations to better align with changes made...
GLS Blog: Proposed Changes to Peer Review
The AICPA has issued a proposal to make updates to the Peer Review standards. The changes are primarily formatting to...
GLS Blog: Q3 2021 In Review
This week’s GLS blog addresses the final standards that were issued by the AICPA, FASB and GASB in the third...
Tips for working with first-time single audit clients
The U.S. has seen historic levels of federal funding in response to the COVID-19 pandemic. Various laws, including the CARES...
GLS Blog: Ethics Revised Exposure draft: Unpaid Fees
The AICPA’s Professional Ethics Executive Committee (PEEC) has issued a proposal to revise the rules around unpaid fees. The current...
GLS Blog: Ethics Exposure Draft: Accounting Standards Implementation Services
The AICPA has issued a proposed ethics interpretation to help CPAs understand to what extent they can assist clients with...
GLS Blog: FASB Proposal: Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions
FASB has issued a proposed ASU addressing the accounting for investments in equity securities measured at fair value that are...
GLS Blog: IFR4NPO Consultation Paper – Part 2
This week’s blog addresses part 2 of the IFR4NPO Consultation Paper. The second part of the paper focuses on NFP...
GLS Blog: AICPA Survey on New CPA Exam
The AICPA is in the process of updating the CPA exam and is looking for CPAs to give them feedback...
GLS Blog: AICPA Fraud Risk Frameworks
The AICPA has provided a Fraud Risk Framework document to help CPAs and their clients visualize the types of fraud...
