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Why Should Skagit County Businesses Care About FASB and GAAP?

SkagitCountyTaxServices

Today, FASB is part of a structure that also contains the Financial Accounting Foundation, the Financial Accounting Standards Advisory Council, the Governmental Accounting Standards Advisory Council and the Governmental Accounting Standards Board (that last sets rules for state and local governments).

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Monday Morning Accounting News Brief: The Age of the Non-CPA; PwC Explains the Chevron Thing | 7.29.24

Going Concern

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. As a result, last year’s data shows more IPA 100 firms were increasing the hiring of talented non-CPAs.

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Friday Footnotes: Looking Elsewhere For Talent; MPs Talk Private Equity Concerns; The Burnout Queen | 8.25.23

Going Concern

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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Tuesday Morning Accounting News Brief: Consultants Probably Won’t Be Cleaning Up Due to Trump’s Hiring Freeze; Where Are We At With 150 and Mobility? | 1.21.25

Going Concern

After graduating from BYU five years ago, she worked as a CPA then gave birth to Tommy. The IASB wants input from Australian CPAs on IFRS : CPA Australia is calling on its members to participate in a survey that is expected to help inform the future direction of International Financial Reporting Standards (IFRS).