Using practical examples, this post explores the differences between ASC 605 / SAB 104 and ASC 606 for step 1 of the new revenue recognition model. Read More ...
Don't Be Scared of Revenue Recognition: Refresher of ASC 605 (SAB 104)
Oct 27, 2015ASC 606 is not applicable until 2019 for private companies. As such, the revenue recognition guidance within ASC 605 (SAB 104) still applies. Get refreshed with this post! Read More ...
IFRS 9 and Other Agenda Topics for Your Financial Training
Oct 06, 2015Financial services are “special” with major changes like IFRS 9 coming. Here’s what you should be demanding from your annual financial training! Read More ...
Financial Training: Audit and Accounting Resources for Your A&A Update
Sep 29, 2015Developing financial training takes time, but we made it easier by using these audit and accounting resources for our 2015 A&A Update course. Read More ...
Look to the TRG when Transitioning from ASC 605 to the New Standards
Sep 22, 2015Transitioning to the new revenue recognition standards (ASC 606 and IFRS 15) can be overwhelming and confusing. Have no fear. The TRG is here! Read More ...
Financial Instruments: Standards Move Ahead, Convergence Slips Away
Aug 25, 2015The new financial instruments standards for classification and measurement and impairment are near completion. Explore some of the major changes ahead. Read More ...
Thank the PCC! Goodwill accounting and other reasons private companies can smile.
Aug 11, 2015The Private Company Council makes goodwill accounting and other complex subjects easier for private entities. It’s important to know your options! Read More ...
Careers in Accounting? Finance? What’s a College Kid To Do?
Jul 28, 2015Choosing between careers in accounting or finance? We interviewed Dr. Roger Martin, a professor at the University of Virginia to get his advice. Read More ...