Ideas & Insights

The American Institute of Certified Public Accountants Audit and Accounting Guide, Gaming, was recently updated.

The GASB recently released a proposed implementation guide to address a wide array of practice issues related to GASB Statements.

The final version of Form 941-X Adjusted Employer’s Quarterly Federal Tax Return or Claim for Refund has been released by the IRS.

Investors can expect continued accommodative monetary policy and should recognize the Fed’s willingness to employ necessary emergency tools.

The GASB recently issued guidance on the accounting for subscription-based information technology arrangements.

In light of the pandemic, the GASB has postponed the effective dates of certain of its Statements and Implementation Guides.

Procedures provide guidance for the retroactive expensing of qualified improvement property and reconsidering of elections.

Mandatory paid leave for employees impacted by COVID-19 is set to start April 1, 2020, per new Department of Labor guidance.

The GASB recently proposed amendments to enhance the framework in its Concepts Statement for notes to the financial statements.

The IRS released the electronic Form 1023 and guidance for mandatory use of the online application, effective February 1, 2020

A recent GASB proposal addresses financial reporting implications resulting from the replacement of an Interbank Offered Rate.

Arizona Supreme Court finds online travel companies must collect tax on service fees and mark-ups paid to book hotel rooms.

CDFI Fund opens final round of allocation before program is scheduled to expire; extension efforts underway in Congress.

The Society of Actuaries has released the first mortality tables designed specifically for use by public-sector plans.

Kimberly-Clark becomes the second MTC repeal challenge denied review by high court following Gillette in October.

The deadline for municipal issuers to self-report potential disclosure violations has been extended to December 1, 2014.