The FASB continues to receive feedback from public companies stating that the cost of accounting for goodwill still outweighs the benefits! Read More ...
Will you marry me? There are so many current proposals to talk about!
Sep 10, 2019While we may be wrapping up this year’s wedding season, proposals are going strong! We’re here today to provide a brief update on current FASB and SEC proposals. Read More ...
Top 5 Takeaways From Our Webinar: ASUs Effective in 2019
May 14, 2019On May 9 we hosted our first 2019 webinar on accounting standards (ASUs) newly effective in 2019. Missed it? This post will share the top 5 takeaways. Read More ...
Warren Buffett’s disdain of ASC 321, Investments in Equity Securities
Mar 05, 2019ASC 321 seems to have developed a love/hate relationship with accounting professionals. Warren Buffett is one who does not love the new requirements! Read More ...
Merger of Equals? Business Combinations Must Have An Acquirer!
Feb 12, 2019Merger of equals? Not possible! Recent headlines forced me to write a post explaining how to identify the acquirer in a business combination (ASC 805 / IFRS 15). Read More ...
The twelve days of Christmas – AICPA style!
Dec 18, 2018We are highlighting the 2018 AICPA Conference on Current SEC and PCAOB Developments through one of our favorite Christmas songs! Read More ...
GAAP Flash – Summarizing the adoption of ASC 606 – 11.30.18
Nov 30, 2018This month’s GAAP flash includes articles about lessons learned from public companies adopting ASC 606, and advice for private company adoption. Read More ...
GAAP Flash – ASC 326, CECL and IFRS 9 – 10.26.18
Oct 26, 2018This week’s GAAP Flash includes articles about the impairment of financial instruments under CECL (ASC 326), the impact on industries, and IFRS 9. Read More ...