On April 14, 2016, the Financial Accounting Standards Board (FASB) released Accounting Standards Update No. 2016-10, Revenue from Contracts with Customers Topic 606.
Displaying: April 2016
New DRS question type now available in Surgent CPA Review
As recently announced by the AICPA, a new simulation question type, the Document Review Simulation (DRS), will debut on the CPA Exam on July 1, 2016. This new question type will appear in the FAR, AUD and REG sections initially and move to the BEC section in 2017.
ASB issues Clarification and Recodification of Attestation Standards for 2017
The Auditing Standards Board (ASB) issued Statement on Standards for Attestation Engagements (SSAE) No. 18, Attestation Standards: Clarification and Recodification.
AICPA announces final changes to the 2017 CPA Exam
The next version will launch April 1, 2017. Each section of the test will now be four hours in length, for a total testing time of 16 hours. Get the latest CPA Review info.