Rates, rates, and more rates. What discount rate should a lessor use under ASC 842? This post walks you through the guidance. Read More ...
Unanswered questions in ASC 606: Pre-production arrangements
Jul 10, 2018As extensive as ASC 606 (revenue recognition) is, it doesn’t answer all questions or cover all related issues. Let’s take a look at one example. Read More ...
Unanswered questions in ASC 606: Shipping and handling
Jul 03, 2018As extensive as ASC 606 (revenue recognition) is, it doesn’t answer all questions or cover all related issues. Let’s take a look at one example. Read More ...
ASC 321- Investments in Equity Securities, friend or foe?
May 15, 2018ASC 321, Investments – Equity Securities has been adopted by public business entities, but is it “friend” or “foe”? Read More ...
Foreign Currency Translation (ASC 830) and Cash Flows - Plug the Flow?
Apr 17, 2018Having trouble accounting for foreign currency translation under ASC 830 in the statement of cash flows? You're not alone! This post discusses the issue. Read More ...
Walk the Line: Classifying Cash Flows under ASC 230 – Issue 8 of 8
Sep 26, 2017The FASB recently made amendments to ASC 230 clarifying the classification of cash flows for eight items. This post will examine one of those items. Read More ...
Walk the Line: Classifying Cash Flows under ASC 230 – Issue 7 of 8
Sep 19, 2017The FASB recently made amendments to ASC 230 clarifying the classification of cash flows for eight items. This post will examine one of those items. Read More ...
Walk the Line: Classifying Cash Flows under ASC 230 – Issue 6 of 8
Sep 12, 2017The FASB recently made amendments to ASC 230 clarifying the classification of cash flows for eight items. This post will examine one of those items. Read More ...