by Accounting Web | Oct 9, 2019 | Articles, ASC 606, Revenue Recognition
We commonly encounter practitioners seeking alternatives for clients not required to use U.S. GAAP. As the staff of AICPA’s Center for Plain English Accounting (CPEA) (www.aicpa.org/cpea) conduct onsite training at member firms on FASB’s revenue recognition standard...
by Accounting Web | Aug 8, 2019 | Articles, Lease Accounting
Summary provided by MaterialAccounting.com: COVID delayed the new lease accounting standards, but private companies shouldn’t run the risk of being behind. Here are some tips to help get your clients in gear. As private companies look to delay the effective date...
by Accounting Web | Apr 29, 2019 | Articles, ASC 842, IFRS 16, IFRS Accounting, Lease Accounting, US GAAP Accounting
Summary provided by MaterialAccounting.com: FASB and IASB’s new lease accounting standards are now effective. This article explains what you need to know to help your clients with lease accounting. Now that new leasing standards issued by FASB and IASB are...
by Accounting Web | Oct 11, 2018 | Articles, ASC 842, Lease Accounting
Summary provided by MaterialAccounting.com: This article provides CPAs with everything they need to know about the new lease accounting standards in order to advise their clients. With the FASB’s new lease standards going into effect at the end of this year, CPAs need...
by Accounting Web | Jun 1, 2018 | Articles, Lease Accounting
Summary provided by MaterialAccounting.com: Companies need to prepare for these challenges that come along with the new lease accounting standard. With a new lease accounting standard looming on the 2019-20 horizon, many companies are scrambling to plan for the...
