As firms begin preparing for the busy season, what have we learned about hiring, training and working in a pandemic, and how can we prepare for the new normal? FASB deals with uncertainties from pandemic and election | By Michael Cohn 6 min read | Having started his transition at the beginning of the pandemic, Board Chair Richard Jones now faces the uncertainty of the presidential election and what Congress might do with accounting standards. | |
FASB delays and eases insurance standard | By Michael Cohn 2 min read | The board is postponing the effective date of its long-duration insurance standard for a year and making it easier to adopt it early. | | |