Intrigued by how to account for insurance companies and insurance contracts? This post explores the insurance industry-specific guidance found in ASC 944.
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Discover the key findings from the 'other' parts of PCAOB inspection reports. Gain insights into audit standards and quality control.
Curious which PCAOB auditing standards have the most deficiencies cited in PCAOB inspection reports? This post features the top 5.
SAS 145 requires auditors to “stand-back” and assess material transactions, accounts, and disclosures that haven’t been deemed as significant.
Issues in the banking industry have left many asking “why?” Let's refresh the classification and measurement of debt securities under ASC 320.
Some cars now require software updates. How are these accounted for? This post covers Tesla cars, software updates, and ASC 606, Revenue Recognition.
The interest method is used throughout U.S. GAAP. This post explores our CPE eLearning course: Interest Method and Effective Interest Rates.
This post discusses the changes made to troubled debt restructuring (TDR) accounting guidance, including the disclosure enhancements.
Determining if a transfer is a sale or secured borrowing under ASC 860 is a source of trouble for banks! This post discusses the guidance.
Investing is a major revenue source for insurers. Interesting, right?! We’ll discuss insurance company investments in this post.
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