138: A&A Update with Brad Muniz - 8/9/2022

Learn about FASB’s proposed ASU on long-duration insurance contracts, important reminders about employee benefit plan audits, the SEC’s concerns about gamification of stocks and new IRS procedures for accounting method changes.  *** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano. *** Resources:•FASB Proposes to Improve Certain Transition Requirements in Long-Duration Insurance Guidance•AICPA Employee Benefit Plan Audit Quality Center•Trading ‘Gamification’ Is Huge Concern, SEC Enforcement Chief Gurbir Grewal Says