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SEC Recognizes FASB Recommendations to be Official Guidance for Rev. Rec. Standard
The Trusted Professional
While the recommendations of the FASB's Transition Resource Group are not authoritative, the SEC will recognize them as…
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FASB Releases Final Lease Standard
The Trusted Professional
The Financial Accounting Standards Board (FASB) today issued its final standard on leases after approving the measure this…
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NEWS HIGHLIGHTS FOR THURSDAY - 2.25.16
The Trusted Professional
Banks Brace for Potential Energy Losses Wall Street Journal Banks are admitting what investors have long suspected: The…
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Baruch College in NYC No. 1 in CPA Exam Candidates
The Trusted Professional
Baruch College in New York City produced more CPA Exam candidates than any other school in the country, according to…
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Christine Ann Botosan Appointed to FASB
The Trusted Professional
The Financial Accounting Foundation announced it has appointed Christine Ann Botosan as a new member of the Financial…
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NEWS HIGHLIGHTS FOR WEDNESDAY - 2.24.16
The Trusted Professional
NYSSCPA Members in the News David Lifson (Manhattan/Bronx) IRS is focusing on people making more than $1 million MSN.com The…
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NEWS HIGHLIGHTS FOR TUESDAY - 2.23.16
The Trusted Professional
The Great Tech Crash of 2016 CPA Practice Advisor Everyone loves a good disaster story. From shifting tectonic plates to the…
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SEC May Let Companies File in IFRS Without GAAP Reconciliation
The Trusted Professional
Today, multinational firms that normally use International Financial Reporting Standards (IFRS) must convert their data into…
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Fewer IRS Auditors Mean Fewer Audits
The Trusted Professional
Staffing cuts at the IRS resulted in a record low number of audits during the 2015 filing season, as well as record-low audit…
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