As oil prices collapsed in the fallout from the coronavirus, Singapore-based Hin Leong's foundations crumbled.
The proposal would delay the effective date for one year for some private companies and nonprofits in applying the leases standard and for franchisor businesses in applying the revenue recognition standard.
The American Institute of CPAs’ Auditing Standards Board has decided to defer the effective dates of seven of its recently issued Statements on Auditing Standards because of the novel coronavirus pandemic.
Pandemic or not, taxpayers are making many of the same blunders, according to tax professionals.
You can still reach out to prospects even in the midst of the coronavirus pandemic.
The International Auditing and Assurance Standards Board released its 2020-2023 strategy and 2020-2021 work plan, while acknowledging that the COVID-19 pandemic could throw those plans out of whack.
Small and midsized firms need to prepare for a world of reduced liquidity and lower organic growth.
Major changes are required in client services, delivery models, staffing practices and management.
Lawmakers delayed the new accounting standard as part of the stimulus package, but they shouldn't let bankers persuade them to eliminate it outright.
The Governmental Accounting Standards Board is proposing to delay the effective dates of provisions for all Statements and Implementation Guides by one year.