2027 accounting and finance financial accounting 
CPA Practice
JANUARY 10, 2024
The Financial Accounting Standards Board ( FASB ) has announced the appointment of six new members to its Not-for-Profit Advisory Committee ( NAC ), effective January 1, 2024. Each new member was appointed to a four-year term ending on December 31, 2027. The NAC serves as a standing resource for the FASB.
Cherry Bekaert
OCTOBER 25, 2023
The Financial Accounting Standards Board (FASB) has issued Accounting Standard Update (ASU) 2023-03 through ASU 2023-06. However, three of the four ASUs pertain to SEC guidance contained in the Codification and there were no new standards issued by the Government Accounting Standards Board (GASB) this quarter.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Withum
DECEMBER 4, 2024
An exception from the limitation on the business interest deductions is also provided for floor plan financing (i.e., financing for the acquisition of motor vehicles, boats, or farm machinery for sale or lease and secured by such inventory). Planning should occur with your tax advisor on how to optimize bonus depreciation.
CPA Practice
JANUARY 5, 2024
The Financial Accounting Standards Board ( FASB ) has appointed six new members to its Not-for-Profit Advisory Committee ( NAC ), effective January 1, 2024. Each new member was appointed to a four-year term ending on December 31, 2027. The NAC serves as a standing resource for the FASB.
Cherry Bekaert
NOVEMBER 28, 2023
The amendment adopts a new metrics-based approach to evaluating bank retail lending and community development financing, using benchmarks based on peer and demographic data. January 1, 2027: Applicable reporting requirements. Provide greater clarity and consistency in the application of the CRA regulations.
Expert insights. Personalized for you.
64 
Let's personalize your content