Calvetti Ferguson to expand in Dallas-Ft. Worth
The firm will acquire Mark M. Jones & Associates, giving it more than 140 staff.
FASB aims to clarify accounting for acquired revenue contracts
The board’s proposed ASU offers specific guidance on certain recognition and timing issues.
FASB aims to clarify accounting for acquired revenue contracts
In the blogs: Hard choices
Readying for next season; AP goofs; timely look at the BBA; and other highlights from our favorite tax bloggers.
Tax issues from 2020 to 2021
What Congress, clients and others did this year, and how it will impact next year.
SEC awards over $300K to auditor whistleblower
The Securities and Exchange Commission awarded the whistleblower who exposed potential securities law violations in connection with their audit-related responsibilities.
Learning to unlearn
Carrie Steffen of the Whetstone Group talks about why accountants need to get comfortable with forgetting what they know and learning new things on a regular basis.
How to innovate within a CPA firm
Once CPAs adapt a truly innovative mindset, their whole approach to business and client relationships change.
Accounting for goodwill impairments: An ROA approach
The Financial Accounting Standards Board has a project to review accounting for goodwill subsequent to its acquisition — again. The issue is whether to continue goodwill impairment testing as required by Statement of Financial Accounting Standards 142 (2001) or to return to goodwill amortization as mandated by Accounting Principles Board No. 17 (1970). Either way, the board will consider and, most likely, alter the details of implementation in either of those standards.
Cost versus value: Is GAAP obsolete?
For ESG issues, human capital and a host of other areas, traditional accounting rules aren’t a good fit.
Fraud on the rise amid coronavirus
Fraud is continuing to increase this year, in part due to the COVID-19 pandemic, according to a new survey by the Association of Certified Fraud Examiners.