The auditor's report is changing, but the most controversial change - disclosure of critical audit matters - is what everyone wants to see! Read More ...
GAAP Flash - ASC 815, IFRS 16, IPOs, and AI - 02.23.18
Feb 23, 2018This week's GAAP Flash discusses a FASB proposal on ASC 815, adopting IFRS 16, testing the waters with IPOs, and embracing AI. Read More ...
Accounting for Investments in Equity Securities (ASC 321): Part II
Feb 20, 2018A follow-up post discussing the accounting for investments in equity securities under ASC 321, specifically the measurement alternative. Read More ...
GAAP Flash - COSO, ASC 606, tax reform, and CECL - 02.16.18
Feb 16, 2018This week's GAAP Flash includes articles about assessing environmental risks, revenue recognition (ASC 606), tax reform, and loan losses (CECL). Read More ...
Love Our Clients (Especially When They Help Us Improve Our Services)!
Feb 13, 2018Listen to your clients. Sometimes they give you an idea to expand your services in ways you never thought of before! Read More ...
GAAP Flash - IFRS 16, tax reform, and foreign currency - 02.09.18
Feb 11, 2018This GAAP Flash discusses implementation of IFRS 16, tax reform impacts on overseas cash and small businesses, and accounting for foreign currency. Read More ...
Overview of Accounting for Investments in Equity Securities (ASC 321)
Feb 06, 2018Accounting for investments in equity securities recently changed, creating an entirely new topic (ASC 321). Want to learn more? Check out this post! Read More ...
GAAP Flash - ASC 842, the tax overhaul, and COSO - 02.02.18
Feb 02, 2018This week's GAAP Flash discusses tweaks and tips on ASC 842, the impact of the tax overhaul on tech companies, and COSO's new chairman. Read More ...