Discount Rate Used to Measure the Benefit Obligation for Certain Market-Return Cash Balance Plans
Learn about the FASB’s proposal on discount rates for market-return cash balance plans, including key accounting changes, eligibility requirements, and upcoming comment deadlines. Stay informed on how evolving guidance may impact benefit obligation measurement and plan administration.
Request for Public Comment on PCAOB Standard Setting
Explore the latest PCAOB request for public comment on standard setting, as summarized by Melisa Galasso. Learn about proposed updates to agendas, considerations on AI and digital assets, conceptual frameworks, and how you can provide feedback before the August 7th deadline. Stay informed on actionable developments impacting audit standards and CPA practice.
FASB Proposes Changes to Fair Value
Explore Melisa Galasso’s breakdown of the FASB’s latest proposal impacting investment companies under Topic 946. Learn how new guidance on fair value measurement for equity securities with contractual sale restrictions may introduce exceptions, updated disclosure requirements, and what this means for net asset values. Comments due by July 17th.
PRB Proposed Strategic Plan 2027-2030
Discover the highlights of the AICPA Peer Review Board’s proposed 2027–2030 Strategic Plan. Melisa Galasso breaks down key initiatives focused on modernizing peer review, leveraging technology, and building a sustainable, future-ready reviewer pool to enhance quality and stakeholder engagement in the profession.
PEEC Proposed Strategic Plan 2027–2030
Explore the highlights of the PEEC’s proposed 2027-2030 strategic plan, including key initiatives around ethics, independence, technology, and stakeholder engagement. Gain practical insight into how these priorities may impact CPAs and the accounting profession.
Business Arrangements with SOC Tool Providers
Explore key ethical, independence, and quality considerations when engaging in business arrangements with SOC tool providers. Understand threats, safeguards, and compliance best practices, as discussed at the AICPA Engage Conference and highlighted in recent AICPA staff insights.
2026 Proposed Changes to the Uniform Guidance
Explore the proposed 2026 changes to Uniform Guidance, including new regulatory updates, enhanced transparency and accountability measures, clarified definitions, cybersecurity requirements, and implications for grant recipients and auditors. Learn what these updates could mean for compliance and how to prepare for the evolving federal grant landscape.
GASB Discussion Memo: Structure of GAAP
Explore GASB’s discussion memo on the structure of GAAP with Melisa Galasso as she breaks down the proposal to move toward a single authoritative source for governmental accounting standards, compares the current dual authority model with FASB’s codification approach, and highlights key stakeholder feedback and upcoming changes.
Disclaimer: The information contained within this blog is provided for informational purposes only. Viewing this material does not qualify for CPE credit. Additionally, this general knowledge is not intended to substitute for obtaining accounting, legal, or financial advice from a professional accountant with specific knowledge of your organization. Finally, watching this blog and/or subscribing to the newsletter do not create an accountant-client relationship.
