As the tax reform debate sputters, companies have some big decisions to make about where to make and hedge their bets when it comes to tax planning.
Tammy Whitehouse
Pension cost rule may give new reason to de-risk plans
A new accounting rule on pension cost presentation will hammer another nail in the coffin of defined benefit pension plans as a form of compensation.
SEC tasks audit committees to set tone for accounting changes
Audit committees take note: SEC is putting a lot of faith in you to set the tone for corporate adoption of major changes in accounting requirements.
AICPA delivers more revenue recognition working drafts
In the ongoing movement to new methods for recognizing revenue in financial statements, the AICPA has issued yet more new guidance for companies to consider.
Auditors tasked to study revenue readiness at year-end
Auditors are under clear orders from their regulators to show no mercy in their assessment of corporate transition to the new revenue recognition rules.
Audit leaders issue another year-end alert on key risks
Audit leaders have handed out yet another alert to auditors to dig into high-risk areas as they prepare for the upcoming year-end audit cycle.
Surveys suggest uncertainty over compliance with CECL
Recent surveys suggest continued uncertainty in the financial services sector over how to project credit losses in compliance with a new accounting rule.
Auditors offer ideas to help address cyber-readiness
In an era of inevitable cyber-hacks, what more can companies do to protect against and respond to a breach? Auditors are offering some attestation and reporting ideas.
Custom tag use in XBRL persists, SEC analysis shows
Despite efforts to steer companies away from the creation of custom tags in XBRL exhibits, a recent analysis by the Securities and Exchange Commission shows little movement. The SEC recently looked at 10-K filings from March 2014 through December 2016 and found the average rate of custom tagging in financial statement line items across all […]
PCAOB alerts auditors to scrutinize revenue recognition
The PCAOB is putting auditors on notice to take a careful look at the work companies have done to implement the new revenue recognition standard.


