Recent articles
Lease Modifications and Remeasurements under ASC 842
Explore lease modifications under ASC 842.
FASB Proposes to Eliminate Accounting Guidance for Troubled Debt Restructurings
The Financial Accounting Standards Board (FASB) has issued proposed Accounting Standards Update (ASU), Financial Instruments—Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage...
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Investors want better disclosures on goodwill
The CFA Institute released the results Tuesday of a global survey of investment professionals on accounting for goodwill, related disclosures, and how those issues are affecting analysis and...
What is an income tax provision?
<!--What is an income tax provision?--> Buckle your seatbelts because we’re about to go on an income tax provision ride. In this blog, we will be primarily focusing on current versus...
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New Government Assistance Disclosure Requirements
Learn the recent accounting updates to the topic 832.
Proposal to Eliminate Troubled Debt Restructuring (TDR) Accounting
Accounting for troubled debt restructurings (TDRs) has always been a pain point for many accountants, especially those who work in or have clients in the banking industry. The implementation of...