305: A&A Update with Brad Muniz 5/27/25

Brad and his guests discuss three topics: the Financial Accounting Standards Board’s exposure draft about debt modification and extinguishment of liabilities; reporting lines of credit on the statement of cash flows; and SSARS No. 27 on financial statements prepared as part of a consulting services engagement. *** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano. *** Resources:FASB Seeks Public Comment on Proposal to Improve Accounting for Debt ExchangesSSARS No. 27 At a GlanceAccounting and auditing articles and eventsJoin the Accounting & Auditing Standards Interest Group