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Accounting & Auditing Alert February 2020


 

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


01/31/2020

FASB Issues Standard To Simplify Accounting For Income Taxes


The FASB issued ASU 2019-12 Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes in attempts to simplify certain aspects of accounting for income taxes.

 

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