Segment reporting (ASC 280) is always a top issue for SEC comment letters. This post explores common mistakes made by companies in this area.
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Can you record a gain related to a contingency? This post describes the accounting requirements for gain contingencies under ASC 450.
Does the recent technical correction to the definition of readily determinable fair value impact your application of NAV as a practical expedient?
This post summarizes the guidance within ASC 740 regarding the accounting for uncertain tax positions using a worked example.
To better understand how currency fluctuations impact financial statements, let’s dive into ASC 830 and foreign currency translation.
This post explores the accounting requirements of intangible assets (ASC 350) acquired in a business combination (ASC 805).
PCAOB inspection reports show auditors continue to struggle with independence. This post highlights the most pervasive issue noted by inspectors.
Train the trainer programs ensure a consistent and effective rollout of your learning initiatives. Here are six tips for TtT success!
Don’t be intimidated by the FASB Codification! This blog post deciphers the preeminent resource of all U.S. GAAP accounting resources.
A career in public accounting is not easy, but worth it. Here's some helpful tips on how to succeed in public accounting with the Big 4.
This blog shares our insights and conversations about accounting, auditing, and training matters. It is hosted by GAAP Dynamics
