Avoid recording deferred tax liabilities for foreign earnings? This post explores an exception found in ASC 740 commonly known as the APB 23 exception.
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Intrigued by how to account for insurance companies and insurance contracts? This post explores the insurance industry-specific guidance found in ASC 944.
Learn how to properly classify proceeds from the settlement of corporate-owned or bank-owned life insurance policies in the Statement of Cash Flows in accordance with ASC 230.
How do you account for a financial asset with deteriorated credit quality? ASC 326 and IFRS 9 have guidance for credit impaired assets, but they differ!
This post explores ASU 2018-01, which provides clarification for the accounting for land easements under the new lease accounting standard, ASC 842.
Learn how to properly classify contingent consideration payments made after a business combination in the Statement of Cash Flows in accordance with ASC 230.
Here's a breakdown of the auditing update and hot topics that we're including in our Audit Update (2025) course this year!
Want to get an idea of the accounting update and hot topics that we are including in our U.S. GAAP Update (2025)? Check out this post!
Learn how to properly classify cash payments for zero-coupon debt instruments in the Statement of Cash Flows in accordance with ASC 230.
A business consulting firm delighted staff and clients with custom training and saved money in the process by purchasing a multi-webinar package.
This blog shares our insights and conversations about accounting, auditing, and training matters. It is hosted by GAAP Dynamics
