ACCOUNTING, AUDITING & ATTEST SERVICES

Accounting and Auditing for Small Businesses
 

Accounting and Auditing for Small Businesses

Posted: July 8, 2019
It's not enough to simply understand debits and credits or be proficient with audit programs. CPAs need to be teachers and problem solvers. Providing service to small business extends beyond analyzing the transactions; it involves serving as a consistent resource.





The Hidden Cost of the New Revenue Recognition Standard
 

The Hidden Cost of the New Revenue Recognition Standard

Posted: May 14, 2019
Busi­nesses can apply the new FASB ASU, Revenue from Contracts with Customers (Topic 606), retrospectively, or they can elect to recognize the cumulative effect of applying the new standard to existing contracts in the opening balance of retained earnings on the effective date (with proper disclosures). Find out how it will affect balance sheets.


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.

Come together to discuss emerging accounting and auditing issues from the various standard setters. Group members can contribute opinions to comment letters and expertise to member education.

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