Investing is a major revenue source for insurers. Interesting, right?! We’ll discuss insurance company investments in this post. Read More ...
Be Audit You Can Be – Now Hiring Audit Training Specialists
Feb 01, 2022Do you enjoy teaching and developing audit training? If so, GAAP Dynamics is hiring audit training specialists (100% remote). Learn more in this post. Read More ...
Private companies: 3 practical expedients to ease your ASC 842 journey
Jan 25, 2022ASC 842 is now applicable to private companies This post covers 3 practical expedients simplifying the recognition and measurement requirements. Read More ...
Distributions from an investment: How hard can it be?
Jan 18, 2022Investment funds commonly receive distributions from its investees, but determining how they are accounted can be a challenge. Read More ...
Last minute change: Amendment to the discount rate guidance in ASC 842
Jan 11, 2022ASC 842, Leases is finally effective for non-public entities! But be aware, ASU 2021-09 made a last-minute change to the discount rate guidance. Read More ...
Auld Lang Syne – Our New Year’s Resolutions for 2022!
Jan 04, 2022Mike Walworth, Founder and CEO of GAAP Dynamics, outlines the company’s top 3 new year’s resolutions for 2022. Read More ...
How to apply the PAA approach based on “premiums received”
Dec 21, 2021The PAA simplifies IFRS 17, but measures based on “premiums received”, a change from how short duration contracts have historically been accounted for. Read More ...
2021 AICPA conference highlights
Dec 14, 2021In this post, we are highlighting the 2021 AICPA Conference on Current SEC and PCAOB Developments. Read More ...