SkagitCountyTaxServices

JUNE 8, 2022

But there’s ANOTHER organization that you should, at the very least, be educated about as you grow. Standards are always out of date. That’s what makes them standards.” – Alan Bennett. One independent organization working to keep companies’ books clear and honest is the Financial Accountant Standards Board.

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Going Concern

JULY 29, 2024

India Today explains why US firms love hiring accountants in India : Consequently, American firms are increasingly turning to other countries to fill the gap, particularly eyeing India for its highly skilled accounting professionals. This news came out on the 17th but we missed it because we aren’t on their PR list.

CPA 113

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Going Concern

OCTOBER 25, 2024

accounting undergraduates has dropped to its lowest level in 15 years, and the number of people taking the CPA exam has fallen as graduates opt for high-paying jobs in financial services, tech and other industries. accounting standard setter’s meeting last week. accounting standard setter’s meeting last week.

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Going Concern

AUGUST 25, 2023

News US Accounting Board Looks Across the Ocean to Fill Hole in Rules [ Bloomberg Tax ] The flood of government aid that helped keep companies afloat during the coronavirus pandemic exposed a hole in US accounting rules: Businesses have no way to record the grants, loans, and tax breaks that bolstered their bottom lines.

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ThomsonReuters

MARCH 17, 2021

Is it an area you would consider for convergence with the IASB, in light of International Accounting Standard (IAS) 20, Accounting for Government Grants and Disclosure of Government Assistance, being known and used widely by companies? GAAP by developing high-quality accounting standards.

Government 64

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