A&A news from around the web: April 30 – May 4, 2018

Written on May 01, 2018

FASB proposes targeted changes to collaborative arrangements standard
FASB has issued a proposal that would make targeted changes to its standard for collaborative arrangements. The proposed ASU also would clarify the interaction between the collaborative arrangements standard and the board’s new standard on revenue recognition.

PCAOB questions its own relevance
The PCAOB is conducting the survey as part of putting together a new, five-year strategic plan. The board is hoping to get the input of auditors, investors, financial statement preparers, audit committee members and academics.

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