Assessing collectibility under ASC 606 is required in step 1, but what happens if things change after the contract is signed?
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Rates, rates, and more rates. What discount rate should a lessor use under ASC 842? This post walks you through the guidance.
Private funds, including a fund of funds, must apply a look through test of indirect investments when preparing the Schedule of Investments.
Merger of equals? Not possible! Recent headlines forced me to write a post explaining how to identify the acquirer in a business combination.
Accounting for income taxes under ASC 740 is a difficult topic. This post explores accounting for deferred taxes and the valuation allowance.
Identifying embedded leases is a significant challenge in implementing ASC 842 Leases. This post welcomes all into the light!
Accounting for income taxes under ASC 740, it’s a topic most non-tax accountants try to avoid…we’ll help you break it down!
Knowing the definition of a business will help you determine if a transaction represents a business combination under ASC 805.
Let's give it to the FASB for issuing new guidance, but that’s what happened since fair value disclosures are now easier under ASU 2018-13.
Learn why accounting for investment companies is different under IFRS and U.S. GAAP (ASC 946) and what it means for you in practice!
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