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High-quality business reporting is at the heart of strong and sustainable organizations, financial markets, and economies. It allows organizations to present a cohesive explanation of their business and helps them engage with internal and external stakeholders, including customers, employees, shareholders, creditors, and regulators, while also promoting better internal decision making. Professional accountants are integral to all phases of organizational reporting. Read More
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The FASB announced that the U.S. Securities and Exchange Commission adopted the 2015 GAAP Financial Reporting Taxonomy.
This report aims to create a sound foundation for future accounting standards that are principles based, internally consistent and internationally converged.
April 16, 2015 - Accountancy Age
April 16, 2015 - The Accountant
April 15, 2015 - The Globe and Mail
April 14, 2015 - Wall Street Journal
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