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A Flood of Risk Assessment Rising in Review Engagements During COVID-19
The original article appeared in the Pennsylvania CPA Journal, the official publication of PICPA. This activity has necessitated a reassessment of our understanding of our clients’ business,...
How the New Revenue Recognition Treatment Will Affect Not-for-Profits
Learn the impact of the new FASB standards on revenue recognition for non-profits.
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Operating Lease Accounting under the New Standard, ASC 842: Full Example and Explanation
Learn how to account for operating leases under ASC 842.
Tips for being prepared for your year end audit
This article contains advice for preparing for your annual audit.
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When to Test Goodwill and Indefinite-Lived Intangible Assets for Impairment
See how operations negatively affected by COVID-19 can test their assets for impairment.Â
Straight-Line Rent Expense Calculation for Leases under US GAAP
Learn how to calculate straight-line rent expense for leases.