by Protiviti | Jul 6, 2020 | Articles, Auditing, Impairment
Recent guidance from the Division of Corporate Finance at the Securities and Exchange Commission (SEC), issued on June 23, 2020, reminds listed companies about their disclosure obligations in light of changes and challenges brought by COVID-19. This latest guidance...
by Protiviti | Jan 28, 2020 | Articles, Auditing
New accounting standards that fundamentally change the way financial services organizations calculate current expected credit losses (CECL) took effect for large institutions on January 1, 2020. The new standards are part of a broader effort to increase the accuracy...
by Protiviti | Oct 24, 2019 | Articles, Lease Accounting
Many public companies have spent the better part of the last two years reworking lease accounting practices to comply with a new accounting standard that went into effect for calendar-year reporting entities on January 1,, 2019. Private companies have been given an...
by Protiviti | Aug 1, 2019 | Articles, Lease Accounting
At the start of 2019, the implementation deadline for the Financial Accounting Standards Board’s (FASB) new lease accounting standard passed for most public companies. FASB has proposed postponing the effective date for privately held organizations to the beginning of...
by Protiviti | May 31, 2019 | Articles, Auditing, Lease Accounting, Revenue Recognition
In the beginning of the year, Protiviti published our annual audit committee agenda recommendations for 2019, summarized in an earlier post by Protiviti Managing Director (and blog host) Jim DeLoach. Since there is always a lot to unpack in these recommendations, we...
