14 Sep, 2023
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Journal of Accountancy

Long-awaited guidance provided for amortization of R&E expenditures  The IRS intends to issue proposed regulations governing the capitalization and amortization [...]

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21 Aug, 2023
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The Emerging Dominance of ESG: A Paradigm Shift in Financial Reporting

In today's dynamic business landscape, Environmental, Social, and Governance (ESG) considerations are no longer a mere addendum to a company's operations; they are [...]

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17 Aug, 2023
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SEC Adopts Rules on Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure by Public Companies

On July 26, 2023, The Securities and Exchange Commission adopted rules requiring registrants to disclose material cybersecurity incidents they experience and to disclose [...]

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28 Jul, 2023
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Two Narrowly Targeted Updates to ASC 842 Lease Accounting

In February 2023, the Financial Accounting Standards Board voted to move toward finalizing two narrowly targeted updates to its lease accounting standards, putting the [...]

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