The Assurance Services Executive Committee (ASEC) Emerging Assurance Technologies Task Force is responsible for developing a conceptual framework and guidance to capitalize on emerging technologies affecting the business information supply chain, cover…
Industry News
On May 12, 2015, the FASB released a proposed accounting standards update to FASB ASC 606, Revenue from Contracts with Customers, providing additional clarification related to identifying performance obligations and licensing.
The Aerospace and Defense Revenue Recognition Task Force has been created to address issues which may arise due to FASB’s new revenue recognition standard. Here you will find the issues identified and further discussion.
Find information and resources to keep abreast of new and emerging reporting and assurance needs and help you embrace new service opportunities.
As the issue of Conflict Minerals gains more importance, the AICPA has begun its involvement in this crucial area. Find information and important links here.
The AICPA Tax Section’s comfort letter resources on the Financial Reporting Center.
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The AICPA has developed a matrix which outlines common requests CPAs have been receiving regarding verifications. This grid provides related responses that may be appropriate, depending on whether or not the CPA has performed additional procedure…
Select news and views of the new Revenue Recognition accounting standard, FASB ASU 2014-09.
This Industry Insights page contains links to various guidance and expert panel information for key industries for accounting and auditing professionals.
ASEC’s Emerging Assurance Technologies Task Force established the Audit Data Analytics working group, which focuses on what to do with standardized data once it is received. This working group is current exploring how to map the current audit objectives within the auditing standards to the