While ASC 606 is extensive, it doesn't cover all arrangements. This post explores the accounting for pre-production arrangements.
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This post explores the accounting for shipping and handling activities, which is a common revenue recognition practice issue under ASC 606.
ASU 2017-12 makes it easier to achieve fair value hedge accounting for partial term hedges and hedges with prepayment risk.
The impairment model for AFS debt securities has changed upon the adoption of ASC 326. This post explores the new requirements.
ASU 2017-12 makes it easier to achieve cash flow hedge accounting for hedges of non-financial risks.
Accounting for warranties under ASC 606 will depend on the type of warranty. This post discusses the various requirements!
Let’s take another look at the liquidation basis of accounting, which should be applied when liquidation is imminent.
Having trouble accounting for foreign currency translation under ASC 830 in the statement of cash flows? You're not alone! This post discusses the issue.
Applying the CECL model to credit cards can be complex! This post will provide you with questions to consider when estimating expected credit losses.
Goodbye Step 2. I never really liked you! This post explains the changes to goodwill impairment testing under U.S. GAAP in accordance with ASC 350.
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