The new lease accounting standard, Accounting Standards Codification 842, Leases, is effective for public entities for annual periods beginning after December 15, 2018 and interim periods therein.
As we’re rounding third base on the implementation of ASC 606, Revenue from Contracts with Customers, there are a number common themes that we are seeing.
Identifying, gathering and utilizing the right business information to make sound management decisions continues to be a top‐priority for leading organizations. Increasingly, the CFO is playing a pivotal role as either executive sponsor or gatekeeper.
Convertible debt has become an attractive alternative for investors who want to collect interest in the near term but retain the right to convert the debt to equity should the issuer’s share price rise in the future.
Process overview of an Initial Public Offering and common accounting issues.
On November 18, 2014, the FASB issued a new standard that makes pushdown accounting optional for all acquired entities.
The new revenue standard, ASC 606, eliminates industry specific guidance and creates a new single revenue recognition model for most companies reporting under US GAAP.