The FASAB released an exposure draft technical bulletin, Intragovernmental Leasehold Reimbursable Work Agreements, which is intended to further explain and address accounting issues not directly covered under Statement of Federal Financial Accounting Standards 54, Leases, and other relevant statements.
Day: September 19, 2022
Federal contractors with tax debts still scoring big contracts
<![CDATA[ A system that Congress mandated allowing federal contractors to self-certify they don’t owe a significant amount of taxes is enabling many of them to score lucrative contracts while still owing plenty. ]]>
FASB mulls lease accounting standard change as it moves HQ
<![CDATA[ The Financial Accounting Standards Board is considering a change to address leases that are under the common control of related-party businesses. ]]>
Ryan buys Thomson Reuters product lines
<![CDATA[ The tax services firm announced the purchase of OneSource Property Tax and OneSource Transfer Pricing. ]]>
Wolters Kluwer plants flag in Metaverse
<![CDATA[ The tax and accounting software provider announced it has bought plots of virtual land in Decentraland and Somnium Space. ]]>
20 years of SOX
<![CDATA[ EY Americas vice chair John King discusses the impact and history of one of the most influential pieces of financial legislation of the past 50 years. ]]>