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November 29, 2022

OCBOA

AICPA Knows NASBA Is Mad But It’s Okay, NASBA Gets Mad Sometimes

The ongoing bickering over FRF for SMEs — which went Defcon 4 the other day with a strongly worded press release from NASBA — has just gone nuclear.  I come from a single parent household so I don't know what it's like to live in a home with parents who are on the brink of divorce […]

Financial Accounting Foundation Seems Slightly Annoyed with the AICPA’s New Accounting Method for Small Business

Judging by the AICPA's PR blitz, you'd think that everyone was excited about their release of its Financial Reporting Framework for Small- and Medium-Sized Entities. Just out of curiousity, I went back and I read three articles on the subject from Accounting Today, the Wall Street Journal, and the New York Times to see if there was any dissent on […]