Accounting for income taxes under ASC 740 is a difficult topic to grasp. This post explores accounting for deferred taxes and the valuation allowance. Read More ...
Accounting for Income Taxes under ASC 740: An Overview
Jan 22, 2019Accounting for income taxes under ASC 740, it’s a topic most non-tax accountants try to avoid…we’ll help you break it down! Read More ...
The Guidance is Clear: Uncertain Tax Positions and IFRS (IFRIC 23)
Oct 09, 2018Uncertainty with income tax treatments is not a new topic. But the guidance under IFRS 12 has not been certain, until now, thanks to IFRIC 23. Read More ...
Resources for the New Lease Accounting Standards (ASC 842 / IFRS 16)
Oct 02, 2018Most companies will be affected by the new lease accounting standards (ASC 842 / IFRS 16). Here are some accounting and training resources to help with your implementation. Read More ...
Resources for the New Revenue Standards (ASC 606 / IFRS 15)
Sep 10, 2018A compilation of links to our revenue-related blog posts, resources, and online training related to the new revenue recognition standards (ASC 606 and IFRS 15). Read More ...
CECL: Can there be zero expected credit losses under ASC 326?
Aug 21, 2018The new CECL model requires an entity to record lifetime expected credit losses for financial instruments, but can that expectation ever be zero? Read More ...
Blending nonemployee share-based payment awards into ASC 718
Jul 31, 2018The FASB released ASU 2018-07 to simplify the accounting for share-based payment arrangements with nonemployees and align the guidance with ASC 718. Read More ...
Let’s Refresh! The Liquidation Basis of Accounting
May 01, 2018Let’s take another look at the liquidation basis of accounting, which should be applied when liquidation is imminent. Read More ...