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GASB 87 for Higher Education: What You Need to Know for Compliance
An overview of GASB 87 for the higher education industry
Major Changes to the Auditor’s Report
If you are a user of audited financial statements, you should be aware that the auditor’s reports for 2021 calendar year end audits will have a new look.The AICPA Auditing Standards Board (ASB)...
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Accounting for Impairment of Lease Receivables under IFRS 9
An overview of accounting for impairment of lease receivables under IFRS 9.
Private cos. still playing catchup on lease accounting
The majority of private companies have yet to implement the new lease accounting standard entirely, even though the effective date is fast approaching.Three-quarters (75%) of privately held...