On April 14, 2016, the Financial Accounting Standards Board (FASB) released Accounting Standards Update No. 2016-10, Revenue from Contracts with Customers Topic 606.
Displaying: Continuing Education
FASB releases New Lease Accounting Standard ASU No. 2016-02, Leases
The FASB (Financial Accounting Standards Board) issued Accounting Standards Update No. 2016-02, Leases (Topic 842).
Exploring the wage gap and retirement
Women should probably start sooner and save more for retirement than men, given that the average woman is expected to live five years longer than the average man.
Report: 2015 audit considerations released by Center for Audit Quality
The Journal of Accountancy (JOA) has reported that the Center for Audit Quality recently released risk alert Select Auditing Considerations for the 2015 Audit Cycle.
FASB issues new pronouncement Simplifying the Measurement of Inventory
The FASB issued ASU No. 2015-11, Inventory (Topic 330), Simplifying the Measurement of Inventory, in July as part of its Simplification Initiative.