A&A news from around the web: Dec. 11 – 15, 2017

Written on Dec 13, 2017

Why are we still auditing on-site?
Firm leaders should talk to clients about shifting to more off-site work and should use remote auditing programs. Here are 10 reasons it makes sense.

FASB leasing tweak offers ‘big relief’
The recently proposed tweaks to FASB’s new leasing rules represent a big breather for the many public companies racing to comply with the standard by its Jan. 1, 2019, deadline, a lease accounting expert says.

GASB proposes guidance on capitalization of interest cost and implementation of recent pronouncements
GASB has issued two Exposure Drafts proposing accounting and financial reporting guidance—a proposed Statement related to capitalization of interest cost and a proposed Implementation Guide that addresses multiple topics.

Leave a comment