ASC 810 – New Consolidation Guidance for Limited Partnerships

Feb 16, 2016

Recent amendments to ASC 810 will change the consolidation guidance for limited partnerships. General partners take notice!

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Step-by-Step: Step 5 of the ASC 606 Revenue Model

Dec 15, 2015

Need help implementing ASC 606 or IFRS 15? This post explores step 5 of the ASC 606 revenue model - recognizing revenue based on control.

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Step-by-Step: Step 4 of the ASC 606 Revenue Model

Dec 08, 2015

Need help implementing ASC 606 or IFRS 15? This post explores step 4 of the ASC 606 revenue model - allocating the transaction price.

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Step-by-Step: Step 3 of the ASC 606 Revenue Model

Dec 01, 2015

Need help implementing ASC 606 or IFRS 15? This post explores step 3 of the ASC 606 revenue model - determining the transaction price.

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Step-by-Step: Step 2 of the ASC 606 Revenue Model

Nov 24, 2015

Need help implementing ASC 606 or IFRS 15? This post explores step 2 of the ASC 606 revenue model - identifying the performance obligations.

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Step-by-Step: Step 1 of the ASC 606 Revenue Model

Nov 17, 2015

Need help implementing ASC 606 or IFRS 15? This post explores step 1 of the ASC 606 revenue model - identifying the contract with a customer.

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Don’t Get Caught Offside When Auditing Broker-Dealers!

Nov 03, 2015

Call a time out and refresh your knowledge of the new requirements when auditing broker-dealers under PCAOB standards.

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Implementing a worldwide U.S. GAAP and IFRS eLearning program

May 01, 2015

When a century-old Fortune 100 company spun-off its international operations, the newly formed company realized its employees were missing critical U.S. GAAP knowledge. A GAAP gap?? Now that’s a serious issue. But with employees spread all over the world, providing instructor-led U.S. GAAP training would be quite expensive and time consuming — two issues the new entity had to overcome.

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Welcoming new employees to the company and the insurance industry

May 01, 2015

A global insurance holding company was facing a scenario most businesses would love: Stratospheric growth, thanks to acquisitions and additional hiring. Rather than rehashing old onboarding techniques or seizing the growth rocket and hoping for the best, our client, who encourages its employees to look for a better way to do things, recognized a clear challenge amidst the momentum.

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Advising a regional accounting firm on a challenging transaction

May 01, 2015

It is an age-old story of an accounting firm trying to complete a financial statement audit and issue an opinion but is roadblocked by their client’s complex accounting issues. A regional accounting firm was trying to meet demanding engagement deadlines while maintaining high audit quality standards, all with a limited amount of resources. Everything was going fine until they got hit with an accounting issue that most CPAs are not comfortable with.

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