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IASB Proposes Annual Improvements for 2019

On May 21st, the International Accounting Standards Board (IASB) proposed four amendments for this year’s improvement consideration of the International
Audit
Adam Goode | 5.9.2019

Is It Time to Overhaul the Income Statement?

The changes to revenue recognition (ASC 606) and lease accounting (ASC 842) are now squarely in the rearview mirror for most public companies. And even

SEC Issues Final Ruling to Modernize and Simplify Regulation S-K

On March 20, 2019, the Securities and Exchange Commission (SEC) issued final amendments to various Regulation S-K items that are intended to simplify and

PCAOB Inspections Outlook for Audit Committees

The Public Company Accounting Oversight Board (PCAOB) has introduced a new strategic plan to enhance external engagement and proactive communication with

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It's Budget Season Again!

For many not-for-profit organizations, it’s that time of year … budget season. What side do you take, are you excited for the opportunity

Preparing for Enhanced Disclosure: Liquidity and Availability

Financial Accounting Standards Board (FASB) Accounting Standards Update (ASU) 2016-14 represents the single biggest change to not-for-profit financial
Audit, ERISA
Joshua Zimmerly | 3.19.2019

Benefit Plan Audit by Infomercial

“Set it and forget it!” A familiar phrase made popular back in the 1980s thanks to an infomercial that praised the features of rotisserie ovens,

Revenue Recognition Standard finally effective for nonpublic companies. Are you ready or still in denial?

I was just there for the massage. I had no knowledge of any hush payments. It’s all about respect in the locker room. The adoption of ASC Topic 606,

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Comment Letters Surrounding New Revenue Recognition Standard Reveal Issues

Public energy companies are now one year in on their implementation of ASC 606, Revenue From Contracts With Customers, the revenue recognition guidance

ASC 842 Expected to Impact Natural Resource Sector

Accounting Standard Codification (ASC) Topic 842 - Leases, the new FASB lease accounting standard aimed at closing a major concern of stakeholders in lease

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