The impairment model for AFS debt securities has changed upon the adoption of ASC 326. This post explores the new requirements.
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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.
ASU 2017-12 improves hedge accounting under ASC 815, aligning it with risk management strategies and making hedge accounting easier to apply.
A follow-up post discussing the accounting for investments in equity securities under ASC 321, specifically the measurement alternative.
Accounting for investments in equity securities recently changed, creating an entirely new topic (ASC 321). Want to learn more? Check out this post!
This Caddyshack-inspired blog post discusses the accounting for nonrefundable initiation fees under ASC 606.
The going concern guidance has been revised to address management responsibilities and what to disclose if substantial doubt exists.
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