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ACCOUNTING

 * Accounting
   Lease liabilities return to pre-pandemic level as companies adjust to
   accounting standard
   The average number of leases held by companies has returned to or exceeded
   pre-pandemic levels, according to a new report, even as they adjust to new
   rules that put leases on the balance sheet.
   By Michael Cohn
   2h ago
   
 * Voices A modern accountant’s guide to client accounting services
   To have a CAS firm, you need to change the narrative about accounting —
   you’re no longer selling your time; you are selling your knowledge and
   expertise.
   5h ago
   Larry Furr
   Chief product officer
   Canopy
 * Accounting
   SPACs cause flood of restatements
   Errors and misstatements were headed down, according to a report from Audit
   Analytics, but instead they hit a 15-year high.
   By Daniel Hood
   June 6
   
 * Audit
   PCAOB sets agenda for first outside advisory meeting since 2018
   The board plans to hold a meeting next Wednesday with its reconstituted
   Investor Advisory Group, the first meeting in nearly four years with one of
   its biggest stakeholders.
   By Michael Cohn
   June 3
   
 * Accounting
   Employers added 390K jobs in May, including 16K in accounting
   The economy added 390,000 jobs in May, the U.S. Bureau of Labor Statistics
   reported Friday, including 16,000 jobs in accounting and bookkeeping
   services.
   By Michael Cohn
   June 3
   
 * Accounting
   FASB plans new standards
   The board's future projects include digital assets, intangibles, government
   grants, and accounting for financial instruments with ESG-linked features.
   By Michael Cohn
   June 2
   
 * Accounting
   SASB recommends changes in sustainability standards ahead of move to ISSB
   The Sustainability Accounting Standards Board released a set of recommended
   changes to three of its remaining active projects as its parent organization
   prepares to be merged into the International Sustainability Standards Board
   at the end of this month.
   By Michael Cohn
   June 2
   
 * Voices Who can be a statutory agent?
   If you're looking for ways to expand your revenue streams, you may be
   considering offering statutory agent services.
   June 2
   Nellie Akalp
   CEO
   CorpNet.com
 * Accounting
   Small businesses lost nearly 100K jobs in May, says ADP
   The private sector added a modest total of 128,000 jobs in May, according to
   payroll giant ADP, but that was after losing 91,000 jobs at small businesses.
   By Michael Cohn
   June 2
   
 * Accounting
   FASB adds ESG project to agenda
   The board voted to add a project to its technical agenda on financial
   instruments with environmental, social and governance-linked features and
   regulatory credits.
   By Michael Cohn
   May 31
   

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