FASB simplifies Topic 718 of the Accounting Standards Codification
Preparers have long wanted a simpler, easier, better kind of GAAP, especially when it comes to accounting for stock options and other share-based payments. Now, says CW’s Tammy Whitehouse, it looks like they are getting their wish.
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In stock options, accounting simplicity begets payroll complexity
If the payroll office is scrambling to change tax withholdings for folks holding stock options, simplification in the accounting office is the likely reason why. Tammy Whitehouse reports.
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Emerging technologies, like artificial intelligence (AI) and advanced data analytics, can improve audit quality in significant ways. As the regulatory overseer of public-company audits, the Public Company Accounting Oversight Board (PCAOB) has a critical role to play by ensuring that its audit standards evolve as the audit profession evolves.
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News BriefPCAOB chair Williams latest independent official pushed out by Trump
Continuing a Trump administration practice of firing independent regulators, the head of the Public Accounting Oversight Board has been sent packing.