IFRS doesn’t have a specific standard for sale or disposal of a business. So how do you account for these transactions? This post covers the guidance. Read More ...
Get Ready for PCAOB Inspections and Peer Reviews – Post-Webinar Q&A
May 02, 2023A post-webinar Q&A document related to our Get Ready for PCAOB Inspections and Peer Reviews webinar we co-presented with ADIGEO Consulting on April 25, 2023. Read More ...
Overview of IFRS 5: Held-for-sale assets and discontinued operations
Apr 11, 2023Selling a major asset or discontinuing a business operation are big decisions. This post explores the accounting for these events under IFRS 5. Read More ...
“Off with their heads!” Time to Kill the HTM Category under ASC 320
Mar 28, 2023This post makes the argument that banks are gaming the system regarding the accounting for held-to-maturity securities under ASC 320. Read More ...
Accounting for Leases under IFRS 16: An Overview
Mar 21, 2023Looking for IFRS lease accounting training? Our two-part IFRS 16 eLearning collection covers exactly what you need to know! Read More ...
GAAP Chats: Debating the 150-hour rule for CPAs
Mar 10, 2023Mike and Chris take on the 150-hour rule. Should it stay or should it go? Plus, the actions some states are already taking. Read More ...
ASC 946 Update and Practice Issues: Perpetual Debt
Mar 07, 2023Each year in our ASC 946 investment company update course, we highlight recent application issues. This blog highlights one on accounting for perpetual debt. Read More ...
ASC 606: Tesla's Rev Rec for Cars & Software
Feb 28, 2023Some cars now require software updates. How are these accounted for? This post covers Tesla cars, software updates, and ASC 606, Revenue Recognition. Read More ...