Tax Blog

Tips to help your prepare for tax season

FASB proposes to tweak CECL standard

FASB proposes to tweak CECL standard The Financial Accounting Standards Board released a proposed accounting standards update Monday to amend the transition requirements and scope of the credit losses standard that it issued in 2016. Source: IRS Tax News - FASB...

SEC streamlines disclosure requirements

SEC streamlines disclosure requirements The Securities and Exchange Commission voted Friday to simplify some of its disclosure requirements that have become outdated, duplicative or overlapping because of changes in the information environment or U.S. GAAP, or because...

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