Applying the CECL model to credit cards can be complex! This post will provide you with questions to consider when estimating expected credit losses. Read More ...
Clarification of Lessee Discount Rates for Leases under ASC 842
Apr 16, 2019This post explores whether lessees should use the rate implicit in the lease or their incremental borrowing rate when applying ASC 842 to leases. Read More ...
What readers of the financial statements need to know about the TCJA!
Apr 09, 2019The accounting for the Tax Cuts and Jobs Act (TCJA) is done, but as a reader of financial statements, can you recognize changes due to the 21% rate? Read More ...
2019 Learning Solutions Conference & Expo - Recap
Apr 02, 2019This post talks about a first-timer’s experience at the 2019 Learning Solutions Conference and Expo. Read More ...
Become Smarter and Grow Closer to your Team with a Business Book Club
Mar 26, 2019Looking for a way to incorporate more professional reading into your life? Consider starting a business book club to become smarter and grow closer to your team. Read More ...
Rates, rates, and more rates – Lessor accounting under ASC 842
Mar 12, 2019Rates, rates, and more rates. What discount rate should a lessor use under ASC 842? This post walks you through the guidance. Read More ...
Benefits of Subscribing to Our Blog, GAAPology
Mar 12, 2019Wondering if you should subscribe to GAAPology, the weekly blog published by GAAP Dynamics? This post outlines the many benefits of this free subscription. Read More ...
Warren Buffett’s disdain of ASC 321, Investments in Equity Securities
Mar 05, 2019ASC 321 seems to have developed a love/hate relationship with accounting professionals. Warren Buffett is one who does not love the new requirements! Read More ...