NCACPA’s Accounting & Auditing (A&A) Resource Group has been focused on thoughtful and timely response to several key exposure drafts....
FASB has issued an exposure draft regarding the use of the discount rate alternative offered to nonpublic entities. After receiving...
GASB has issued an exposure draft, Accounting Changes and Error Corrections an amendment of GASB Statement No. 62, to update...
On March 30th, the FASB issued ASU 2021-03, Accounting Alternative for Evaluating Triggering Events. The ASU provides an accounting alternative...
The first quarter of 2021 is a wrap. It was a light quarter for standard setting and given everything else...
The AICPA has issued a Technical Q&A to address common questions regarding what qualifies as a third party assessment and...
The AICPA’s Professional Ethics Executive Committee (PEEC) has issued an updated proposal around reporting noncompliance with laws and regulations (NOCLAR)....
The AICPA issued a very narrow proposal to add a new requirement for successor auditors to discuss suspected fraud and...
This week’s video blog continues with the discussion of the AICPA’s proposed changes to Quality Management. SQMS 2 addresses the...
The AICPA issued three new proposals related to quality management. The new SQM Standards will replace the extant quality control...