Need an update on recent news with ASC 326? We cover effective dates, the CARES Act delay, implementation effects, and impact of COVID-19 in this post. Read More ...
Here’s what you missed during our SEC Update and Hot Topics Webinars
Apr 29, 2020Over 1,000 people attended our latest webinars on SEC reporting updates and hot topics. Here’s a recap what we covered and the questions asked! Read More ...
Impact of COVID-19 on Accounting for Income Taxes under ASC 740
Apr 28, 2020The COVID-19 pandemic has required numerous accounting and financial reporting considerations, including the accounting for income taxes under ASC 740. Read More ...
Planning a restructuring? Here’s a refresher of ASC 420 and ASC 712!
Apr 21, 2020This post summarizes the accounting requirements for exit and disposal costs (ASC 420), and certain postemployment benefits (ASC 712). Read More ...
COVID-19: Key Considerations for SEC Filers
Apr 14, 2020COVID-19 has impacted SEC reporting in many ways, including deadlines and disclosures, which we have summarized in this post. Read More ...
COVID-19 & Investment Companies: New Virus, Same Old Accounting Issues
Apr 14, 2020COVID-19 presents similar accounting and reporting issues for investment companies as those experienced during the economic crisis over a decade ago. Read More ...
Triggering event? Let’s get off our assets and assess for impairment!
Apr 07, 2020During this time of uncertainty, you must evaluate whether the impacts of COVID-19 trigger non-financial asset impairments under ASC 350 and ASC 360. Read More ...
Coronavirus (COVID-19): Top 5 Accounting Issues and Resources
Mar 31, 2020Companies and auditors should consider these top 5 accounting issues associated with the coronavirus (COVID-19) during their first quarter 2020 close. Read More ...