With work winding down to get ready for the massive shift in how to recognize revenue, the next major accounting change exercise still awaitsโlease accounting.
Tammy Whitehouse
Tax reform deal will set reporting scramble in motion
With a tax reform package all but complete, experts are alerting companies to get their tax records in order to prepare for a flurry of year-end transition activity.
SEC appoints all new board to lead PCAOB in 2018
The SEC is cleaning house at the Public Company Accounting Oversight Board, appointing five new board members to take over the reins beginning in January.
Delayed inspection reports will show plateau in audit improvements
When reports begin to emerge on the latestย inspection findings for the major audit firms, they will show no broad, appreciable improvements over the prior year.
Time runs out on getting ready for new revenue recognition
With little time remaining to prepare for a wholesale change to revenue recognition, accounting leaders share some final insights to help companies wrap it up.
SEC says it will respect well-reasoned revenue judgments
The SEC has signaled it doesnโt plan to pick apart the many detailed judgments they must exercise as they follow new revenue recognition rules beginning next year.
Auditors get guidance on altering audit report
Auditors have some new guidance from the PCAOB about how to begin revising their audit reports to reflect new requirements that take effect this year-end.
SEC halts initial coin offering, calling it fraud
Companies can expect no new guidance from the SEC anytime soon on digital currencies, but they can expect its enforcement arm to act if it sees indications of fraud.
Companies advised to stay alert to non-GAAP issues
The regulatory furor over non-GAAP reporting may be diminishing, but the need for continued corporate vigilance on proper use of non-GAAP measures is not.
FASB agrees to simplifications to ease into new lease rule
The lease accounting standard is about to get easier to adopt when it takes effect in 2019, but that doesnโt mean companies should slow their preparations.


