Published on May 12, 2020 The Governmental Standards Board (GASB) has extended the effective dates of certain Statements and Implementation Guides to provide temporary relief to governments and other stakeholders in light of the COVID-19 pandemic. Statement No. 95, Postponement

Published on May 5, 2020 Due to the global impact of COVID-19 on accounting firms and their clients, the Auditing Standards Board (ASB) of the American Institute of Certified Public Accountants (AICPA) delayed the effective date of SASs 134 through

The SECURE (Setting Every Community Up for Retirement Enhancement) Act became law on December 20, 2019 as a part of the Further Consolidated Appropriations Act. The Act made several reforms to retirement planning, including Individual Retirement Accounts (IRAs), 401(k) plans,

More than two years after it began its project, the AICPA Auditing Standards Board (ASB) issued Proposed Statement on Auditing Standards (SAS), Forming an Opinion and Reporting on Financial Statements of Employee Benefit Plans Subject to ERISA. In January 2015,

Published on May 5, 2020 Due to the global impact of COVID-19 on accounting firms and their clients, the Auditing Standards Board (ASB) of the American Institute of Certified Public Accountants (AICPA) delayed the effective date of SASs 134 through

The Department of the Treasury and the Internal Revenue Service (IRS) issued proposed regulations on Friday, April 24, which provide additional guidance on the separate reporting and calculation of income from unrelated trades or businesses under Section 512(a)(6), as enacted