Monthly Archives: November 2015

The AICPA’s Board of Examiners (BOE) recently concluded that the existing Policy on New Pronouncements was no longer aligned with the needs of the CPA Exam. Learn how this conclusion directly impacts the exam.

final standard lease accounting

The FASB voted to proceed with an accounting standard that requires companies to include lease obligations on their balance sheets. The next step is a “ballot draft.”

audit considerations

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.

business combination simplification

FASB issued ASU No. 2015-16, Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments in September.