Investment companies require special considerations for their accounting and financial reporting. That’s why there is industry-specific guidance in ASC 946. Read More ...
Is Valuing Equity Instruments at Cost Permissible Under IFRS 9?
Sep 18, 2018Can cost be used as an appropriate estimate of fair value for equity investments under IFRS 9? Let’s see what the guidance permits. Read More ...
Subscribe to GAAPology? Membership has its Privileges (like free CPE)!
Sep 18, 2018GAAPology, a weekly blog by GAAP Dynamics, shares our insights about accounting, auditing, and training matters. Subscriber benefits include free CPE! Read More ...
ASU 2018-15: Cloud computing arrangements for service contracts
Sep 11, 2018The FASB recently issued ASU 2018-15 to clarify implementation cost accounting rules for service contracts in cloud computing arrangements. 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 ...
We're Official! Revolution is Ready for Liftoff!!
Sep 04, 2018We've been approved to grant CPE in the QAS Self Study delivery method. This means our online learning platform, the Revolution, is ready for liftoff! Read More ...
GAAP Flash– New Developments in the Tax Cuts and Jobs Act– 08.31.2018
Aug 31, 2018This GAAP Flash discusses the Tax Cuts and Jobs Act (TCJA), including the state and local tax deduction (SALT), depreciation, and the QBI deduction. Read More ...
ASC 326: Accounting for Purchased Assets with Credit Deterioration
Aug 28, 2018ASC 326’s changes the accounting for credit losses. Let’s take a look at the impact on purchased financial assets with credit deterioration. Read More ...