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Accounting & Auditing Update

The "Accounting & Auditing Update" is written by Tammy Whitehouse, a veteran business writer who has been a regular contributor to Compliance Week since 2005. Her work has also appeared in industry journals and periodicals including Journal of Business Strategy, Strategy & Leadership, Compensation & Benefits Review, Inc, Buyside, and myriad others. Whitehouse welcomes questions and comments from readers; she can be reached via e-mail at twhitehouse@complianceweek.com.
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Accounting & Auditing Update Blog
FASB plans to change income classification under tax law
Tammy Whitehouse | January 11, 2018
The FASB has decided it will fast-track a change to accounting rules to allow reclassification of the income tax effects of the recent tax reform law.
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Accounting & Auditing Update Blog
FASB shortens write-down period for some debt securities
Tammy Whitehouse | March 31, 2017
The Financial Accounting Standards Board has settled on a new way for companies to amortize, or write down the value, of certain debt securities.
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