The FASB staff just released an Educational Paper on Retainage under Topic 606—clarifying how to present and disclose retainage in construction contracts ...
Author: Jaclyn Veno, CPA This article originally appeared in the Spring 2025 issue of the South Carolina CPA Report In March 2025, the Professional Ethics Executive Committee (PEEC) of the AICPA issued ...
The AICPA's Professional Ethics Executive Committee (PEEC) has issued a discussion memorandum to gather feedback on alternative practice structures, including ...