Going concern evaluation per PCAOB

http://www.journalofaccountancy.com/News/201410985.htm Changes in GAAP have not altered the responsibilities of the auditor in going concern evaluation and communications. The explanatory paragraph may still be a necessity in the audit report. This is to distinguish between the management's responsibility for disclosure and the auditor's responsibility

New GAAP taxonomy unveiled

and awaiting comments.  See article at http://www.complianceweek.com/fasb-unveils-proposed-2013-gaap-taxonomy/article/257035/

A funny acronym that rhymes with GAAP

This article references that GAAP can sometimes be CRAP   (Cleverly Rigged Accounting Ploys).   The article is summarized at http://accounting.smartpros.com/x73821.xml