Entities getting ready to implement the new revenue recognition standard (ASC 606). But how are tax accounts and returns impacted by this change? Read More ...
Going Concern: It’s not just for auditors anymore!
Nov 28, 2017The going concern principle has received attention from regulators in the past few years, receiving updates from both the FASB and the AICPA. Read More ...
Is the PAA the secret to IFRS 17 implementation?
Nov 14, 2017The Premium Allocation Approach (PAA) is a lot like existing accounting for short-duration contracts, but does it avoid all of IFRS 17’s challenges? Read More ...
Walk the Line: Classifying Cash Flows under ASC 230 – Issue 8 of 8
Sep 26, 2017The FASB recently made amendments to ASC 230 clarifying the classification of cash flows for eight items. This post will examine one of those items. Read More ...
Walk the Line: Classifying Cash Flows under ASC 230 – Issue 7 of 8
Sep 19, 2017The FASB recently made amendments to ASC 230 clarifying the classification of cash flows for eight items. This post will examine one of those items. Read More ...
Walk the Line: Classifying Cash Flows under ASC 230 – Issue 6 of 8
Sep 12, 2017The FASB recently made amendments to ASC 230 clarifying the classification of cash flows for eight items. This post will examine one of those items. Read More ...
Walk the Line: Classifying Cash Flows under ASC 230 – Issue 5 of 8
Sep 05, 2017The FASB recently made amendments to ASC 230 clarifying the classification of cash flows for eight items. This post will examine one of those items. Read More ...
Get Out of the Pool: Changes to ASC 718 are Making Companies Billions!
Aug 15, 2017A worked example of how changes to ASC 718, specifically elimination of the APIC pool, are making companies like Google and Facebook billions. Read More ...