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Accounting & Auditing Alert for Sureties August 2019


 

RubinBrown's Accounting & Auditing Alert is published monthly to inform our clients and contacts about relevant technical accounting and audit-related information.


07/18/2019

Focus on Assurance: FASB Votes To Propose Delay In Effective Dates Of Four ASUs For Certain Entities


The FASB has voted to propose a deferral of the effective dates for several of its recent standards that would provide at least an additional year to companies that have not yet adopted the standards.

08/01/2019

FASB Proposes Narrow-Scope Improvements To Credit Losses Standard


The FASB recently issued proposed improvements, Codification Improvements to Topic 326, Financial Instruments – Credit Losses. The proposed improvements are intended to clarify the appropriate application of the recently issued ASU 2016-13 regarding credit losses.

 

Readers should not act upon information presented without individual professional consultation.