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Technical

About this topic

Financial professionals are facing unprecedented changes in financial accounting and reporting. Economic, regulatory, and global forces are demanding higher-quality reporting while standards are in continual flux. These learning resources are designed to help you understand the knowledge and skills needed in the areas of financial accounting and reporting to appropriately serve their employers or clients.

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U.S. tax and FASB’s new paradigm for revenue recognition

This sweeping new standard for revenue recognition has many important tax considerations. This article explains those considerations.

Article Revenue recognition Intermediate

FASB New Not-for-Profit Standard: Maintaining Auditor Independence

This blog post discusses several areas where auditors can help clients implement the new standard.

Article Audit Intermediate

Get revenue recognition right at not-for-profits

Costly revenue recognition mistakes can be avoided by following best practices that lead to proper judgments. This article explores these best practices.

Article FASB financial accounting & reporting Intermediate

4 Critical Reasons Startups and Smaller Organizations Need Internal Control

This blog post outlines a few of the many significant benefits of a strong internal control system.

Article Internal control Foundational

Why CPAs Should Learn about Integrated Reporting

This blog post provides an overview of integrated reporting <IR>, its importance to the CPA profession, and additional resources for additional information.

Article Integrated reporting Foundational

7 Key Facts on the FASB’s Revenue Recognition Standard

The FASB has postponed the effective date of its revenue recognition standard, giving additional time to prepare for implementation. Learn seven facts about the new...

Article Revenue recognition Foundational

Introducing a New Era in XBRL Data

This blog post discusses the use of a technology called inline XBRL (iXBRL).

Article XBRL Foundational

Bringing leases into view

This article discusses how the new lease standard will result in changes in recognition and presentation on the balance sheet for lessees.

Article Leases Foundational

The bilingual CPA

This article discusses why it is so crucial for CPAs to have proficiency in both U.S. GAAP and IFRS.

Article International Financial Reporting Standards Foundational

Pay attention to nonfinancial measures when performing audits

This article discusses why nonfinancial data can be just as important as dollars and cents when detecting fraud.

Article Audit Intermediate

Preferability and the private company alternatives

This article discusses how FASB principle for accounting policy decisions affects election of options developed by the Private Company Council.

Article FASB financial accounting & reporting Intermediate

Understanding the SSARS 21 Clarification and Revision

A discussion on issues with respect to Statement on Standards for Accounting and Review Services (SSARS) No. 21, Statements on Standards for Accounting and Review...

Webcast Compilation Foundational