November 20, 2018

ch-ch-ch-changes

Twitter’s Latest 10-Q Is a Perfect Example of Why No One Wants New Lease Accounting

We all know Twitter — like a lot of "successful" tech companies — isn't exactly making profits hand over fist despite decent revenue but did you know how bad their lease situation is? Spoiler alert: it's bad. In their latest 10-Q filed with the SEC a few days ago, we find the following: So total […]

CPA Exam Changes Ahead in the Next One to Three Years

As we told you earlier this year, the CPA exam overlords are working on CBT-3, which is the natural evolution of CBT-e (2011) and CBT-e's dusty grandpa CBT (2004). We still aren't totally sure what they're changing around but it looks like they're still looking for help with writing and testing questions before candidates experience […]

Save the Date: PCAOB April Public Meeting on the Auditor’s Reporting Model Proposal

The PCAOB is preparing for its April 2-3 public meeting this week, and while I really wanted an excuse to spend two days in Washington trolling the PCAOB IRL, I decided catching the webcast from the comfort of my Lovesac in my pajamas was a much better decision. The panelists aren't much to write home […]

Here Are a Few New Regulations That May or May Not Affect Your CPA License Come January 1st

A new year is nearly upon us and with it comes not only the promise of a fresh start and possibly shedding a few pounds but — YAY! — new regulations! Here are just a few state-by-state to be aware of. Hopefully you are the type who keeps up on this stuff but if you're […]