All Accounting & Auditing articles – Page 72
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Blog
Auditors get notice to scrutinize SAB 74 disclosures
Auditors have been notified to be alert to whether corporate SAB 74 disclosures about pending new accounting standards are adequate.
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Blog
RiceBran Technologies names chief accounting officer
RiceBran Technologies, a food and animal feed ingredient company, has appointed Dennis Dykes as chief accounting officer. He reports directly to RBT's Chief Financial Officer Brent Rystrom.
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Blog
Doubt creeps in on ability to adopt lease rules on time
Another new poll says public companies are starting to freak out over how they’ll meet the 2019 effective date to adopt new lease accounting rules.
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Article
Proposed rules would shore up auditing of estimates
Proposed new rules for auditors could lead to more documentation and evidence requests around accounting estimates—or not—depending on how auditors have already adapted.
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Blog
New poll suggests slow uptake of new lease accounting rules
A new poll suggests nearly one-fourth of companies are not yet preparing to comply with new lease accounting standards that begin to take effect in 2019.
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Blog
FASB plans corrections to lease, financial instrument rules
FASB is planning a series of technical corrections on lease accounting and financial instruments, but it resisted the temptation to tweak revenue recognition any further.
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Blog
SOX exemption saves plenty, costs more, study says
A new study calculates the cost and benefit of exempting smaller companies from SOX internal control audits — and it suggests investors aren't better off.
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Blog
CAQ offers blueprint for asking auditors about Form AP filings
Audit committees now have some talking points on how to engage auditors and management on the audit profession's new Form AP filing requirement.
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Article
In the final push to new revenue rules, some turn to manual solutions
Delays in preparing for new revenue recognition requirements are starting to pinch the IT timeline, forcing many companies to develop manual workarounds.
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Blog
Half of Fortune 500 still non-committal on new revenue rules
More than one-fourth of Fortune 500 filers still had not figured out how they will be affected by new revenue recognition rules as of April and May.
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Blog
Investors reward readable disclosures, study finds
It turns out investors really do value and reward plain-English disclosures, according to an emerging academic study.
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Resource
Taking a deep dive into revenue recognition
Title: Taking a deep dive into revenuThis e-Book also discusses the new disclosure requirements that come along with revenue recognition; how banks are preparing for expected credit loss rules; and how to ensure overall that organizations are as best prepared as they possibly can be for these new regulatory changes.
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Blog
SOX pros say external audit costs increased in 2016
Big companies subject to SOX reporting said their external audit costs increased in 2016 as auditors continue to report pressure from PCAOB inspections.
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Article
10 reasons to be wary of new auditor disclosure rules
New disclosures required by auditors don’t produce any direct new rules for the public firms they audit, but companies can expect at least 10 potentially serious consequences.
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Blog
FTI Technology launches Contract Intelligence Services practice
The Technology segment of global business advisory firm, FTI Consulting, recently announced the launch of its Contract Intelligence Services practice, which delivers solutions for legal teams seeking transparency across enterprise contracts to help make key decisions, leverage negotiations and meet regulatory requirements.
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Blog
FASB nears release of final standard on hedge accounting
FASB plans to issue its final standard on hedge accounting in August, taking effect in 2018 among other major accounting changes over the next few years.
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Article
Valuation specialists rise to financial reporting challenge
Companies can expect some shift in how valuation specialists produce and document valuations underpinning financial statement assertions.
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Blog
Tanium names new chief accounting officer
Tanium, a privately held endpoint security and systems management company, has appointed Steven Adams to the newly created role of chief accounting officer.
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Blog
Deloitte analysis shows slow move to new revenue rules
An analysis of Fortune 1000 disclosures provides more disturbing evidence that companies are making only sluggish progress in implementing new revenue recognition accounting.
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Blog
The latest strains in revenue rule adoption: technology
It’s starting to get tense in the trenches where finance and technology staff are preparing to implement new revenue recognition standards in 2018.