51 posts categorized "Profession" Feed

Get ready to tackle some major revisions in accounting standards. After years of consideration, the Financial Accounting Standards Board is finalizing its approaches on three major issues: revenue recognition, leases and financial instruments. Each of these accounting areas affects virtually... Read more →


"Last June, I raised a few eyebrows when I told attendees at the United Nations Conference on Sustainable Development in Rio (aka Rio+20) that "accountants would save the world." But I meant it. To get all businesses involved in solving... Read more →


Five Ways to Ease the Transition to the Clarified Audit Standards

"With audit busy season ending, it’s time to start preparing for the transition to the clarified standards, which are effective for calendar year 2012 audits. A smooth transition requires information, education, and training. Take these steps to prepare for the... Read more →