Below please find daily updates pertaining to the latest in financial, business, and tax news:

FASB Share-Based Payment Rule Gets Mostly Positive Review

Thu Aug 21 14:01:13 PDT 2014

However, private company stakeholders told a Financial Accounting Foundation review team that the 2004 accounting standard is sometimes difficult to understand and is costly to apply....

New SEC Initiative Examines Municipal Advisor Compliance

Thu Aug 21 10:16:04 PDT 2014

Launched earlier this week, the examination initiative will enable the SEC Office of Compliance Inspections and Examinations to evaluate whether municipal advisors are complying with new agency rules that went into effect on July 1....

FASB Gets into the Cloud Game

Thu Aug 21 09:19:51 PDT 2014

GAAP addresses accounting principles for cloud service providers, but there is no specific guidance for a customer's accounting of fees paid to the provider. Proposed guidance would change that....

Bramwell?s Lunch Beat: Quite the Guarantee Offered to Davenport University Accounting Students

Thu Aug 21 09:03:57 PDT 2014

The menu for August 21 features specials on ALS Ice Bucket Challenge charitable donations, Bank of America settles, Rep. Paul Ryan backs cut to mortgage tax break, and more....

A Fair Tax Shake on Quid Pro Quo Contributions

Thu Aug 21 04:49:27 PDT 2014

A taxpayer can deduct contributions made to a qualified charity. These donations are typically made "with no strings attached." But what happens when you receive something of value in return?...

PCAOB Seeks Input on Auditing Accounting Estimates, Fair Value Measurements

Wed Aug 20 13:31:45 PDT 2014

The US audit regulator on Tuesday issued for public comment a staff consultation paper on possible standard-setting activities related to those areas. Comments are sought by November 3....

The 6 Myths of Losing Your Clients

Wed Aug 20 09:52:38 PDT 2014

Here are six myths many practitioners believe about why clients leave for another professional and how to get them back. A little work now can save you a lot of hassle and expense later....

Bramwell?s Lunch Beat: Medical Device Tax Revenue Falls Short

Wed Aug 20 09:18:24 PDT 2014

The menu for August 20 features specials on Hertz withdraws full-year forecast due to accounting errors and operational challenges, botched forecast cost Walgreen CFO his job, Alaska oil tax repeal ballot measure losing, and more....

EY Eco-Ambassadors Give Back Globally

Wed Aug 20 03:17:40 PDT 2014

For these financial pros, it's not about black and red: it's all about being green, as they apply their skills in the far-flung corners of the world to help the environment and the economy work together....

Build a Better Crystal Ball: PlanGuru CEO Talks about Forecasting

Tue Aug 19 10:26:54 PDT 2014

How are you planning? What tools do you use for forecasting? AccountingWEB recently spoke with PlanGuru CEO Christian Wielage about the hows and whys of business forecasting....

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