Join us for a tour of our new online learning platform, the Revolution. In this detailed video, we will go over how to properly use our LMS. Read More ...
Is it a business (ASC 805)? ASU 2017-01 provides clarity!
Oct 30, 2018The definition of a business (ASC 805) was too broad. ASU 2017-01 clarified the situation and now it looks like the IASB has plans for IFRS 3 too! Read More ...
GAAP Flash – ASC 326, CECL and IFRS 9 – 10.26.18
Oct 26, 2018This week’s GAAP Flash includes articles about the impairment of financial instruments under CECL (ASC 326), the impact on industries, and IFRS 9. Read More ...
Fair Value Disclosures Just Got Easier (ASU 2018-13)
Oct 23, 2018It’s not often the FASB gets praise for issuing new guidance, but that’s what happened since fair value disclosures are now easier under ASU 2018-13. Read More ...
Identifying Fulfillment Cash Flows under IFRS 17, Insurance Contracts
Oct 16, 2018Fulfillment cash flows are basis for accounting for insurance contracts under the general measurement model in IFRS 17, but what are they? 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 ...
GAAP Flash – Important disclosure information – 09.28.18
Sep 28, 2018We’ve all been busy with adopting ASC 606 and preparing for ASC 842, but don’t let these important disclosure updates fall through the cracks! Read More ...