Before recording a gain on sale on sale and leaseback transactions, check out these 5 “red flags” that might cause a failed sale.
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How do you estimate current expected credit losses under ASC 326? This post discusses reversion to historical data under CECL.
This post provides an overview of the accounting for unasserted claims under ASC 450 using a quick example, including when to accrue and when to disclose!
The accounting treatment of cryptocurrency highlights why U.S. GAAP remains preferable to IFRS as a basis of accounting for investment funds.
Check out this Q&A recap from our webinar on Lessee Accounting under ASC 842.
This post explores the accounting for low-value leases under both IFRS 16 and ASC 842.
This post explores the definition of and accounting for initial direct costs under ASC 842 for lease contracts.
This post discusses consideration of a significant financing component under ASC 606 when determining the transaction price.
Scared of embedded derivatives? Using a “real-life” example, this post walks through the accounting for embedded derivatives under ASC 815.
When is a “lease” of capacity considered a lease under ASC 842? This post discusses the accounting for capacity leases under U.S. GAAP.
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