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World War II played out on a much larger scale. U.S. soldiers fell all over the world. After years of recovery, 270,000 identifiable fallen were buried in 450 temporary cemeteries in 86 countries, before a nearly identical ratio of the next of kin again chose return, this time at a cost of almost $100 million.
Our combat dead would be recovered as quickly as possible from the battlefield, then flown to a military mortuary facility, and ultimately buried according to the wishes of the next of kin. During the recent Middle East wars, the main facility has been located at Dover Air Force Base in Delaware. Instead of years, our Soldier Dead now arrived home in days.
In case you are keeping track:
FASB Delays New Accounting Rules for Some Private Companies, Nonprofits - WSJ
The Financial Accounting Standards Board extended the implementation period for new accounting rules on revenue recognition and leases for certain companies to give them more time to address the impact of the coronavirus pandemic.
To carry out accounting changes, private companies often rely on technology investments or additional staffing. The pandemic has disrupted allocations of some of those resources, FASB Chairman Russell Golden said.
How the coronavirus is impacting upon lease accounting (Includes interview)
Monroe College School of Business and Accounting
You'll learn from experienced professional and senior business executives. And you'll gain valuable real-world experience by joining the award-winning Monroe College NABA and ALPFA teams, working at the Center for Entrepreneurial Excellence, or interning for a corporation.
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Not to change the topic here:
Nonprofit Accounting Resources - The CPA Journal
Taking a quick look at the other areas, Engagement presents best practices for fundraising and marketing by a variety of approaches and activities. Demographics addresses research findings by key indicators, donor type, and other factors. Analytics covers six types of evaluations, as well as ways to use this information.
Post-implementation review process overhauled for accounting standards | Accounting Today
The Financial Accounting Foundation's board of trustees is changing the process for doing post-implementation reviews of the effectiveness of accounting standards, shifting the leadership of the reviews from the FAF staff to the Financial Accounting Standards Board and the Governmental Accounting Standards Board.
The FAF oversees both FASB and GASB, along with the Private Company Council. Up to now, the FAF staff has been responsible for conducting post-implementation reviews of how well older accounting standards have performed after a few years' time, with support from FASB from GASB. Going forward, the reviews will be led by FASB and GASB, with oversight from the FAF.
Friday Footnotes: KPMGers Happily Take Slashed Pay; New CPA Model Still a Go; No Rona Accounting
AICPA Council supports advancement of new CPA licensure model [ Journal of Accountancy ] An effort to transform the CPA licensure model took a step forward Wednesday when the AICPA governing Council voted to support its advancement during its virtual spring meeting.
Virus accounting maneuvers criticized by European authorities [ Accounting Today ] Europe's top markets watchdog is warning companies against getting creative with financial statements that obscure the effect of the coronavirus pandemic on their bottom line. In guidance ahead of companies' half-year results, the European Securities and Markets Authority said on Wednesday that firms shouldn't separate the impact of the virus from overall profits and losses.
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