The FASB has announced a final Accounting Standards Update designed to improve disclosures about public companies' reportable segments, particularly disclosures about significant segment expenses.
As the final days of 2023 draw near, it appears increasingly unlikely that Congress will have the capacity to pass any year-end tax legislation. With 2024 being an election year and provisions.
Yes, it is not easy. The Public Company Accounting Oversight Board (PCAOB) has come down hard on external audit firms over the quality of audits and increased errors being detected.