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Audit
Adam Goode | 7.17.2019

Proposed Accounting Standard Update Would Delay Private Company Effective Dates for Leases, Current Expected Credit Losses (CECL) and Hedging Updates by One Year

On July 17, 2019, the Financial Accounting Standards Board (FASB) voted unanimously to move forward with delaying the effective start date for recent accounting

Audit, IFRS, International
Michael Maloney | 6.18.2019

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

Audit, Public Companies
Justin Mudryk | 4.4.2019

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

Audit, Public Companies
Christian Wheeler | 3.28.2019

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

Audit, Not-for-Profit
Staci Brogan | 3.28.2019

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

Audit, Not-for-Profit
Jennifer Closser | 3.26.2019

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,

Audit, Construction
Joe Bruce | 3.5.2019

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,

Audit, Energy & Resources
Christopher Mandia | 2.6.2019

Vendor Audit: A Necessary Assessment

A vendor audit is performed for a company that aims to attain an objective assessment of its contractors’ or vendors’ compliance to the terms,

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