Accounting Standards & Updates

The Latest and Greatest

Stay ahead of the curve by keeping up with the latest developments within the accounting profession. Here you will find a collection of recent regulatory updates, accounting standards, news and other information from standard setters in the industry. For more information or questions regarding current updates, please contact us.

PCAOB Standards & Updates

The Public Company Accounting Oversight Board (PCAOB) is a nonprofit organization that aims to protect investors and the public interest by promoting independent audit reports, as well as overseeing the audits of public companies and broker-dealers. Discover the most recent PCAOB happenings here.

Proposed Rules
Visit PCAOB's website to view all proposed standards

04-12-2016 Proposed Amendments Relating to the Supervision of Audits Involving Other Auditors and Proposed Auditing Standards
07-01-2015 Concept Release on Audit Quality Indicators
06-30-2015 Supplemental Request for Comment: Rules to Require Disclosure of Certain Audit Participants on New PCAOB Form

Final Rules
Visit PCAOB's website to view all bylaws and rules.

12-15-2015 Improving Transparency Through Disclosure of Engagement Partner and Certain Other Participants in Audits
03-31-2015 Reorganization of PCAOB Auditing Standards and Related Amendments to PCAOB Standards and Rules
GASB Pronouncements & Statements

The Governmental Accounting Standards Board (GASB) establishes accounting and financial reporting standards for U.S. state and local governments that follow Generally Accepted Accounting Principles (GAAP). Discover the most recent GASB happenings here.

Proposed Rules
Visit GASB's website to view all proposed statements

Final Rules
Visit GASB's website to view all GASB Statements

06-29-2017 GASB Statement No. 87—Leases
05-01-2017 GASB Statement No. 86—Certain Debt Extinguishment Issues
03-01-2017 GASB Statement No. 85—Omnibus 2017
02-01-2017 GASB Statement No. 84—Fiduciary Activities
11-16-2016 GASB Statement No. 83—Certain Asset Retirement Obligations
Financial Accounting Standards Board (FASB)

The Financial Accounting Standards Board (FASB) establishes financial reporting standards for public and private companies, as well as nonprofit organizations that follow Generally Accepted Accounting Principles (GAAP). Find out what they've been up to here.

Proposed Standards
Visit FASB's website to view all proposed standards

Final Standards
Visit FASB's website to view all Accounting Standards Updates.

05-01-2017 Accounting Standards Update No. 2017-10
05-01-2017 Accounting Standards Update No. 2017-09
03-30-2017 Accounting Standards Update No. 2017-08
03-10-2017 Accounting Standards Update No. 2017-07
02-27-2017 Accounting Standards Update No. 2017-06
02-22-2017 Accounting Standards Update No. 2017-05
01-26-2017 Accounting Standards Update No. 2017-04
01-19-2017 Accounting Standards Update No. 2017-03
01-12-2017 Accounting Standards Update No. 2017-02
01-05-2017 Accounting Standards Update No. 2017-01
12-21-2016 Accounting Standards Update No. 2016-20
12-14-2016 Accounting Standards Update No. 2016-19
11-17-2016 Accounting Standards Update No. 2016-18
10-26-2016 Accounting Standards Update No. 2016-17
10-24-2016 Accounting Standards Update No. 2016-16
08-26-2016 Accounting Standards Update No. 2016-15
08-18-2016 Accounting Standards Update No. 2016-14
06-16-2016 Accounting Standards Update No. 2016-13
AICPA Standards & Updates

The American Institute of Certified Public Accountants (AICPA) represents the accounting profession and sets ethical standards as well as auditing standards for private companies, nonprofit organizations, federal, state and local governments. Find out what the AICPA has been up to here.

Proposed Rules
For more information visit AICPA's website

04-20-2017 Proposed Statement on Auditing Standards: Forming an Opinion and Reporting on Financial Statements of EBPs Subject to ERISA