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2022 Federal Budget Highlights

DMCL

The budget proposes elimination of some impacts of the new IFRS 17, a new international accounting standard applicable to insurance contracts that would allow insurance companies to defer recognition of income under both generally accepted accounting principles and for tax purposes.

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Friday Footnotes: A World Without Accountants; GAO Finds a Big Mistake; ‘Fazbie’ | 8.5.22

Going Concern

Meet the accountants who may become the new power brokers of taxes. [ Plante Moran names 29 new partners [ Consulting.us ] Plante Moran, a Southfield, MI-headquartered accounting and consulting firm, has promoted 29 people to partner.

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