ACCOUNTING, AUDITING & ATTEST SERVICES

Accounting for Crypto Assets
 

Accounting for Crypto Assets

Posted: March 4, 2019
In one form or another, cryptocurrencies and digital assets are here to stay. It is time for the accounting community to acknowledge that this is the case and draw up a comprehensive set of principles that we can all follow with confidence.


Finding Value in Revenue Recognition Implementation
 

Finding Value in Revenue Recognition Implementation

Posted: February 12, 2019
An overwhelming majority of companies have found it challenging to acquire data necessary to implement the FASB's new revenue recognition standard, according to a survey. Yet almost all companies say the implementation will deliver a value return that exceeds their investment.



FASB Issues Narrow-Scope Improvements to Accounting for Lessors
 

FASB Issues Narrow-Scope Improvements to Accounting for Lessors

Posted: December 10, 2018
The Financial Accounting Standards Board has issued an Accounting Standards Update expected to reduce lessor’s implementation and ongoing costs associated with applying the new leases standard. The ASU also clarifies a specific lessor accounting requirement.

FASB Improves Consolidation Accounting
 

FASB Improves Consolidation Accounting

Posted: October 31, 2018
The Financial Accounting Standards Board has issued an Accounting Standards Update that reduces the cost and complexity of financial reporting associated with consolidation of variable interest entities.

High-Impact Financial Reporting
 

High-Impact Financial Reporting

Posted: October 2, 2018
Forward-looking planning does not have to stop at the annual budget. A rolling cash flow forecast looking three to six months ahead affords the organization enough time to avert a cash crisis or create a plan to make the most of excess resources. Read to find out more.

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