Blue-Ribbon Panel Narrows Field for Private Company Financial Reporting
Article:
The panel directed its staff to come back with a narrowed down list of U.S. GAAP-based standard setting models. The models presented by panel’s staff Monday represented several variations of models based on U.S. GAAP and International Financial Reporting Standards (IFRS). The...
Published on January 28, 2011
Now and Later GAAP vs. Tax Treatment of the Reinstated R&D Credit
Article:
The late reinstatement of the R&D credit has a key effect on the U.S. GAAP treatment of the credit on businesses’ 2012 financial statements
Published on April 30, 2013
Are Critics Against the Adoption of IFRS So Compelling
Article:
International Financial Reporting Standards (IFRS) was the hot topic in accounting areas for several years, but it appears to have faded away. Various reasons explain this swing. We can mention the state of the economy or the readiness of the financial community in the United States (U.S.). Several articles provide
Published on January 28, 2011
AICPA Survey Shows Growing IFRS Support
Article:
Once the timing of IFRS convergence is clarified, IFRS preparation in the form of in-depth training and information technology readiness will be especially important.
Published on January 28, 2011
Getting to the IFRS Destination
Article:
Are we there yet?
Published on January 28, 2011
MD&A Disclosures Relating to Financial Instruments
Article:
In this column, I reveal why IFRS requires more extensive disclosures than any other accounting standard and then briefly provide the content of IFRS disclosures and focus on the disclosure related to financial instruments and their impacts when dealing with debt covenants.
Published on January 28, 2011
Hyper-regulatory World
Article:
The last 10 years have seen a sustained acceleration in the speed and volume of global tax rate and rule changes resulting in what can only be described as a hyper-regulatory environment. In simple terms, the sheer number and degree of changes means that many multinational businesses have reached a
Published on January 28, 2011
IFRS in the U.S.
Article:
The United States and the world are on a clear path to move to one set of global accounting standards. In fact, the one common theme we’ve seen in comments about the U.S. Securities and Exchange Commission’s (SEC) proposal to adopt International Financial Reporting Standards (IFRS) is that everyone believes
Published on January 28, 2011
The Effect of IFRS Implementation on Tax
Article:
The primary goal of this article is to explain how the implementation of IFRS (whether through convergence or adoption) would affect tax.
Published on January 28, 2011
IFRS Is Coming What Does This Mean for Tax
Article:
Many companies are in the early stages of considering what impact the transition to International Financial Reporting Standards (IFRS) from U.S. generally accepted accounting principles (GAAP) will have on financial reporting. However, are they also thinking about the impact it will have on tax reporting
Published on May 14, 2010
AICPA News Update - January 6, 2012
Newsletter:
...Repairs and Other Expenditures Related to Tangible Property, Reminder: Due Date for Form 8939 if Electing Carryover Basis for 2010 Deaths is January 17, Comment Letters on Private Company GAAP Modifications Due January 14, Auditing Standards Board Issues SAS No. 125 Resulting from Clarity Project, Technical Practice
Published on March 09, 2012
AICPA News Update Vol. 14 No. 50
Newsletter:
European Commission Proposes Audit/Consulting Breakup and Mandatory Audit Firm Rotation Send FAF a Comment Letter Supporting an Independent Board for Private Company GAAP Modifications Take the Personal Financial Planning Survey for a Chance to Win an iPad Free Webinars Available, Including Top 10 Things to Discuss with Your Clients Before
Published on December 05, 2011
AICPA News Update Vol. 14 No. 55
Newsletter:
COSO Releases Proposed Update to Internal Control Framework Send FAF a Comment Letter Supporting an Independent Board for Private Company GAAP Modifications AICPA Releases Revised Revenue Recognition Project Brief Technical Practice Aids Issued on SOC Reports (SSAE No. 16) AICPA Submits Comments to IRS Regarding Trust
Published on January 04, 2012
AICPA News Update Vol. 14 No. 48
Newsletter:
Vote Monday for Your Favorite AICPA Accounting Competition Semi-finalist Team AICPA and SHRM Announce 9 Winners of WLIFE Award Re-launched International Interest Area is Valuable Member Resource Free Webinars Available: Workflow Systems, Firm Retirement Plans and More Send the Financial Accounting Foundation a Comment Letter Supporting
Published on November 11, 2011
AICPA News Update Vol.12 No.21
Newsletter:
...Regulator on Table in Financial Regulatory Reform Talks, SEC Proposes Amendments to Custody Rule for Investment Advisers, AICPA Applauds Introduction of Bill to Prohibit Tax Strategy Patents, FASB’s GAAP Codification Just a Month Away – Be Ready, Should U.S. Converge GAAP or Adopt IFRS? Comment on IFRS Blog
Published on June 24, 2011