On November 17, the FASB issued ASU 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash. It is intended to reduce diversity in the presentation of restricted cash and restricted cash equivalents in the statement.
ASU 2016-18, Statement Of Cash Flows (Topic 230): Restricted Cash Read More
Two major pronouncements were just issued, an Accounting Standards Update (ASU) issued by the Financial Accounting Standards Board (FASB) and a Statement on Standards for Accounting and Review Services (SSARS) issued by the Accounting and Review Services Committee of the AICPA.
ASU 2016-17 And SSARS 23 Issued Read More
The FASB issued Accounting Standards Update 2016-01: Financial Instruments—Overall on January 5, 2016.
ASU 2016-01 | Financial Instruments Issued By FASB Read More
The AICPA just released this morning that changes to the 2017 CPA Exam have been finalized. Learn more about what you can officially expect to see on the next…
2017 CPA Exam Changes Finalized Read More
The Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-02, Leases (Topic 842), on February 25, 2016.
The FASB Issued ASU 2016-02 – Topic 842, Leases Read More
ASU 2016-07 amends the requirements in Topic 323, Investments – Equity Method and Joint Venture for accounting for an investment that becomes qualified for…
FASB Issued ASU 2016-07 Read More
FASB issued ASU 2016-03 on March 7, 2016, which is eligible for testing on the CPA Exam Q4 of 2016.
FASB Issued ASU 2016-03 Read More
In the spirit of Leap Day, heres a few fun facts to get those number-loving gears grinding!
8 Fun Facts About Leap Day Read More
Several popular tax provisions, which expired December 31, 2014, will soon be renewed retroactively for the 2015 tax year and beyond by Congress as part of the Consolidated Appropriations Act, 2016.
2015 Tax Extenders Bill Read More
Check out the films this summer that you could have sworn were related to the CPA Exam.
2015 Summer Movies Related to the CPA Exam Read More