In this post we dive into the new quality management standards, ISQM 1 and SQMS 1, dealing with a firm’s system of quality management (SOQM).
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This blog provides an overview of the new quality management standards (ISQM 1, ISQM 2, SQMS 1, and SQMS 2) intended to improve audit quality.
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.
Explore the requirements of IAS 36, Impairment of Assets, and different considerations that may apply during times of market disruption.
This post provides an overview of the accounting for contingencies under IAS 37.
As cryptocurrency becomes more mainstream, it's important to understand the basics and related accounting challenges.
Investing is a major revenue source for insurers. Interesting, right?! We’ll discuss insurance company investments in this post.
Investment funds commonly receive distributions from its investees. In this post, we discuss the challenges of the accounting under ASC 946.
ASU 2021-08 was recently issued to address the accounting for acquiring contract assets and contract liabilities in a business combination.
The insurance industry is filled with intricacies that make the accounting treatment tricky! Our fundamentals course collection breaks down ASC 944.
This blog shares our insights and conversations about accounting, auditing, and training matters. It is hosted by GAAP Dynamics
