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The Accountant on MSN9d
AICPA’s ARSC clarifies financial statement standard for CAS
The update notes that using AR-C section 70 is optional, but accountants can choose to apply it in full or in part as they ...
The New York Sun2d
The Federal Reserve’s Accounting for Its Own Losses Is Emerging as an Embarrassment That Only Congress Can Fix
A basic principle of accounting is that net operating losses are subtracted from retained earnings and thus from capital. If ...
The Accountant on MSN7d
US-UK accounting deal stalls over audit training standards
Negotiations to enable US accountants to practise in the UK, and vice versa, have stalled amid disagreements, including how ...