Some cars now require software updates. How are these accounted for? This post covers Tesla cars, software updates, and ASC 606, Revenue Recognition.
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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.
The accounting for insurance contracts is based on its type. This post exposures the types of insurance contracts using commercials.
Where do you find the “accounting rules”? The FASB ASC! This post will provide an overview of the Accounting Standards Codification.
The post walks you through the accounting for repurchase agreements under U.S. GAAP (ASC 860) using a worked example.
Need cash? Have excess? Repurchase agreements may be the solution in both scenarios. This post discusses repos with an explanatory video.
Looking for U.S. GAAP training for banks? Don’t settle for generic U.S. GAAP training. Online bank CPE courses and bank training program now available!
This blog shares our insights and conversations about accounting, auditing, and training matters. It is hosted by GAAP Dynamics
