This chapter highlights specific issues related to non゛udit financial reporting services that Certified Professional Accountants (CPAs) can provide, offering a brief overview of how the Statements on Standards for Accounting and Review Services (SSARS) Clarity Project led to the four different types ...
a,The Company’s management is responsible for the preparation of these financial statements in accordance with China Accounting Standards for Business Enterprises issued by the Ministry of Finance of the People’s Republic of China 公司的管理负责这些财政决算的准备与中国会计标准符合为财政部发布的企业中...
Decree No.13/2023/ND-CP on personal data protection, which was issued on 17 April with an effective date of 1 July. Its significance is great in that it is Vietnam’s first attempt to consolidate data protection regulations into a single piece of legislation and an effort to...
Agenda Setting, Individual Board Members, and Fair Value Accounting We provide rich descriptive statistics on how the Financial Accounting Standard Board (FASB) sets Generally Accepted Accounting Standards (GAAP) over the past 40 years. Based on 211 financial accounting standards issued between 1973 ...
(a) The International Accounting Standards Board has recently completed a joint project with the Financial Accounting Standards Board (FASB) on fair value measurement by issuing IFRS 13 Fair Value Measurement. IFRS 13 defines fair value, establishes a framework for measuring fair value and requires ...
GASB proposes change to forthcoming OPEB guidance: the GASB recently issued a revised exposure draft on other postemployment benefits that would alter the treatment of implicit rate subsidies in favor of even greater accrual.(The Accounting Angle)(Governmental Accounting Standards Board)...
(paragraph 4.1.4). Some of these financial assets held are shares in fixed-life entities. Although the financial reporting team understand the definition of equity instruments as set out in IAS 32, they reason that because in certain circumstances an issued instrument, whilst having the ...
all data published concerning the efficiency of the measures taken to narrow the income gap are actually issued by the Chongqing authorities, and therefore lacking neutral assessment. Also, we can see that the whole process is strongly government-led, whose focus isn’t on creating a market logic...
Transfer of assets to a not-for-profit organization or charitable trust that raises or holds contributions for others, issued by the U.S. Financial Accounting Standards Board; Accounting by producers or distributors of motion pictures issued by the American Institute of Certified Public Accountant; ...
This chapter highlights recent activities at the Public Company Accounting Oversight Board (PCAOB) because some of the issues being addressed by this group may have an impact on the broader audit profession, which involves the audits of closely﹉eld companies and standards issued by the AICPA's ...