Thomson Reuters report tells auditors how to avoid pitfalls

Thomson Reuters has released a special report, “Four Ways to Avoid Audit and Attest Deficiencies.” The report follows the latest AICPA peer review findings, which were identified during peer reviews of firms that perform audit and attest engagements. Thomson Reuter’s report provides a discussion of common deficiencies identified in peer reviews, such as those [...]

By | فبراير 15th, 2017|Financial, International, Taxes|0 Comments

FASB clarifies business definition

The Financial Accounting Standards Board has released guidance aimed at clarifying the official definition of a “business” for purposes of the accounting rules. The new accounting standards update issued Thursday by FASB affects any company or other type of reporting organizations that needs to determine whether it has acquired or sold a business. The [...]

By | فبراير 15th, 2017|Financial, Government, International, NEWS|0 Comments