This week’s issue discusses ASC 740, coupons, incentives, and resources under ASC 605 and ASC 606, and considerations from the CAQ for 2016 audits. Read More ...
GAAP Flash – Accounting Fraud (ASC 740) and FCPA Fines – 09.30.16
Sep 30, 2016This week’s issue discusses accounting fraud (ASC 740), FCPA fines associated with bribes, and other news applicable to CPAs. Read More ...
GAAP Flash – News about ASC 360, ASC 820, and ASC 606 – 09.23.16
Sep 23, 2016This week’s issue discusses impairment testing (ASC 360), fair value (ASC 820), and the latest on the new revenue recognition standard (ASC 606). Read More ...
GAAP Flash – Hedging under ASC 815 (FAS 133) and Other News – 09.16.16
Sep 16, 2016In this issue we discuss making hedging easier under ASC 815 (FAS 133), internal control over financial reporting, and non-GAAP financial measures. Read More ...
GAAP Flash – PCAOB Inspection Reports and Non-GAAP Measures – 09.09.16
Sep 09, 2016This week’s issue discusses negative interest rates, non-GAAP financial measures, audit quality, and the latest release of PCAOB inspection reports. Read More ...
GAAP Flash –Liquidation Accounting, Uncertain Tax Positions – 09.02.16
Sep 02, 2016This week: new FASB guidance on the statement of cash flows, liquidation accounting, SEC enforcement actions related to revenue recognition, and more. Read More ...
GAAP Flash – ASC 605, ASC 805, and Not for Profit Financial Statements – 8.26.2016
Aug 26, 2016In this week’s GAAP Flash, we discuss revenue recognition (ASC 605), business combinations (ASC 805) and changes to not for profit financial statements. Read More ...
GAAP Flash – Fraud, Bribes and Romance – 8.19.2016
Aug 19, 2016Shady lending practices, bribing foreign officials and even forbidden love. This week’s issues reads like a supermarket tabloid! Read More ...