This blog post captures the similarities and differences between the new lease accounting standards (ASC 842 and IFRS 16) for lessees. Read More ...
GAAP Flash – SAB 104, ASC 320 Impairment and Other SEC Hot Topics – 10.21.16
Oct 21, 2016This week’s GAAP Flash discusses revenue recognition under SAB 104, assessing other-than-temporary impairment under ASC 320 and other SEC hot topics. Read More ...
GAAP Flash – ASC 605, ASC 805, and Not for Profit Financial Statements – 8.26.2016
Aug 26, 2016In this week’s GAAP Flash, we discuss revenue recognition (ASC 605), business combinations (ASC 805) and changes to not for profit financial statements. Read More ...
Top 5 Biggest Changes with the New Lease Accounting Standard (ASC 842)
Aug 16, 2016ASC 842 is a big deal! How big? This post describes the top five biggest changes companies face as a result of implementing the new leasing standard. Read More ...
GAAP Flash – CECL, ASC 740 and Changing from ASC 840 – 7.29.2016
Jul 29, 2016This week’s GAAP Flash covers the new CECL model, moving from ASC 840 to ASC 842, and changing disclosure requirements for income taxes under ASC 740. Read More ...
Business Combinations (ASC Topic 805) & Management Review Controls
Jul 05, 2016The next post in our series associated with business combinations: management review controls (MRCs) and business combinations (ASC 805). Read More ...
GAAP Flash – Audit Documentation, SEC Reporting, and Other News – 04.29.16
Apr 29, 2016This week’s GAAP Flash discusses improper altering of audit documentation, proposed changes to SEC reporting, and other news affecting CPAs. Read More ...
GAAP Flash – PCAOB Inspection Reports, ASC 480, ASC 230, and ASC 740 – 04.22.16
Apr 22, 2016PCAOB inspection reports and three areas of accounting errors (ASC 480, ASC 230, and ASC 740) are just some of the topics in this week’s GAAP Flash. Read More ...