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FAF Gives FAS 157 High Marks in Postimplementation Review
Accounting
In a just-completed review of Financial Accounting Standard (FAS) 157, Fair Value Measurements, which established a single…
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Marc A. Siegel, Financial Accounting Standards Board member
Features
NYSSCPA member Marc A. Siegel was appointed to the Financial Accounting Standards Board (FASB) in 2008 and reappointed for a…
Read More
End of the road for Windows XP poses challenges for businesses
Features
Microsoft plans to end support for its 12-year-old Windows XP operating system (OS) on April 8, which means that the company…
Read More
Bitcoin Gets the Full Treatment in New York
Accounting
To many, virtual currencies—of which Bitcoin is the best-known—are anything from a fad that will soon fade to an…
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Pending FASB guidance raises questions about operations
Accounting
As part of a wide-ranging effort to improve how nonprofits present their financial statements, the Financial Accounting…
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State Finds Subtleties in Nonprofit Tax Query
Taxation
Among other things, the recent passing of New York's Nonprofit Revitalization Act may have focused attention on a wide…
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Risk exposures in tax-related services: what you need to know
Features
There are several steps that firms can take to minimize areas of risk in tax-related services provided to clients; to help…
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An important reminder for busy season
Features
Change is inevitable in our profession, but this year, we enter a busy season that seems especially rife with new and…
Read More
Back to basics in IT risk assessment
Features
Information technology has taken a starring role in the risk assessment process that accompanies the planning, execution and…
Read More
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