The Latest News
FASB Issues Proposal to Delay Long-Duration Insurance Standard and Ease Early Adoption Provisions
The Financial Accounting Standards Board (FASB) today issued a proposed Accounting Standards Update (ASU) that would help insurance companies adversely affected by the COVID-19 pandemic by giving...
New AICPA Audit Evidence Standard Recognizes Evolving Nature of Business
The new audit evidence standard enhances’ the auditor’s assessment of whether sufficient and appropriate audit evidence has been obtained and establishes a multi-faceted consideration of...
Connecticut DRS posts Office of the Commissioner Guidance pertaining to CARES Act
The Connecticut Department of Revenue Services has posted the following Office of the Commissioner Guidance pertaining to the CARES Act: OCG - 10, Regarding the Connecticut Tax Implications of the...
FASB Issues Taxonomy Staff Q&A Document on How to Apply the Taxonomy to COVID-19 Pandemic and Relief Disclosures
The Financial Accounting Standards Board (FASB) Taxonomy staff today issued a question-and-answer document (Q&A) that responds to frequently asked questions about the application of the US GAAP...
GASB Proposes Application Guidance on CARES Act and Coronavirus Diseases Issues
As part of its continuing efforts to assist state and local governments during the COVID-19 pandemic, the Governmental Accounting Standards Board (GASB) today released a proposed staff Technical...
FASB Approves New Standards and a Proposed Effective Date Delay at Final Meeting of Chairman Russell Golden
The Financial Accounting Standards Board (FASB) today approved the issuance of two upcoming Accounting Standards Updates (ASUs): one that improves financial reporting associated with accounting...
GASB Issues Guidance on Cloud Computing and Similar Subscription-Based IT Arrangements
The Governmental Accounting Standards Board (GASB) today issued new accounting and financial reporting guidance for subscription-based information technology arrangements (SBITAs), which have...
FASB defers revenue recognition and leases standards for private companies and nonprofits due to coronavirus
The Financial Accounting Standards Board released an accounting standards update providing a one-year effective date delay for private companies and organizations to apply the revenue recognition...
IAASB addresses pandemic issues in audit practice alert
The International Auditing and Assurance Standards Board (IAASB) published a staff audit practice alert Friday that is designed to highlight key areas of focus for auditor reporting related to the...
FASB votes to delay revenue recognition effective date for private companies
The board originally had proposed amending the revenue recognition standard effective date just for franchisors that are not public business entities. But feedback FASB received on the proposal...

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Continuing Professional Development

Financial Statement Disclosures: A Guide for Small & Medium-Sized Businesses (Afternoon Session) - Livestream - 8/12/2020 -
A clear and concise set of proper financial statement disclosures can make or break an entity’s financial statements. Such disclosures are no longer simply...
Guide and Update to Compilations, Reviews, and Preparations - Livestream - 8/12/2020 -
Specifically designed for compilation, preparation, and review practitioners and their staff, this course will provide you with an overview, update, and...
Compliance Auditing from Start to Finish - 8/13/2020 -
Compliance auditing is a significant risk area for firms.  We are now in the year where engagements will be selected for testing in the OMB mandated...
Surgent's Current Issues in Accounting and Auditing: An Annual Update - 8/25/2020 -
Designed for accounting and attestation practitioners at all levels in both public accounting and business and industry, this course provides an overview of...
Accounting, Auditing and Financial Reporting Conference (Livestream) - 10/29/2020 -
This CTCPA conference discusses the most relevant issues facing the accounting profession today.
Accounting, Auditing, and Financial Reporting Conference - 10/29/2020 - Rocky Hill
Due to current circumstances related to COVID-19, the CTCPA Accounting, Auditing, and Financial Reporting Conference has been re-scheduled...

 

Webinars