Companies may soon have some new instructions to follow in deciding how to account for various types of grants and contributions.
Tammy Whitehouse
FASB plans new expedient for lease accounting
The Financial Accounting Standards Board is preparing to propose a modification to the pending lease accounting standard to amend the transition guidance.
Cost guidance under new revenue rule is a minefield of issues
Digging deeper into challenges with the revenue standard, companies are traipsing a minefield in determining how to recognize costs tied to generating revenue.
PCAOB disciplines PwC, Crowe Horwath affiliate
The PCAOB has disciplined PwC over a broker-dealer audit lapse and Crowe Horwath HK over an investigation involving a China-based company.
SEC may relieve certain entities from revenue, lease adoption dates
Big 4 firms say the SEC wonโt object if certain โpublic business entitiesโ adopt new revenue and leasing rules under private company effective dates.
Newest poll gives more evidence of heartburn over leasing
Half way from publication to adoption of new lease accounting rules, C-suite executives are worried about whether implementation will get done on time.
Companies clearly favor modified adoption of revenue rule
Investors would like to see full historic numbers under the new revenue rules, but companies clearly are planning to give them less. How will they bridge the gap?
SEC seeks comment on PCAOBโs โcritical audit matterโ rule
Companies with any lingering worries about the impending effects of a new audit report have one last opportunity to appeal for change.
CPAs will get new marching orders on spotting illegal acts
A professional accounting committee has opened a can of worms with a proposal regarding how accountants should respond when they stumble upon illegal activity.
House panel ponders rollbacks, including internal control audits
A House sub-committee is asking whether federal regulation has hindered the growth of public companies, including Sarbanes-Oxley auditing of internal controls.


