FASB to propose delays in major accounting standards
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Audit & Accounting
Jul 22, 2019
Firms on the move: RSM gives students a ‘Shot at College’
By Danielle Lee
The AICPA announces Special Recognition Award winners; BerganKDV unveils a brand refresh; and more CPA news.
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FASB to propose delays in major accounting standards
By Michael Cohn
The Financial Accounting Standards Board voted Wednesday to propose to delay some of its major accounting standards — including credit losses, leases, hedging and long-duration insurance contracts — for private companies, nonprofits and small reporting companies.
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Sports Direct slumps as retailer delays results on auditing
By Ellen Milligan
Sports Direct International Plc shares headed toward a seven-year low after the U.K. sports-apparel retailer delayed publishing its results as auditors increase their scrutiny of its accounting.
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IIA installs new global board of directors
By Michael Cohn
The Institute of Internal Auditors has installed a new global board of directors with veteran internal auditor J. Michael Joyce as the new global chairman.
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PCAOB offers more guidance on CAMs
By Michael Cohn
The Public Company Accounting Oversight Board released two new documents and a video to provide more information to investors and audit committees about the CAMs requirements.
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