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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.
Straight-Line Rent Expense Calculation for Leases under US GAAP
Learn how to calculate straight-line rent expense for leases.
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Interest Rate Implicit in the Lease under IFRS 16 Explained
Understand the rate implicit in a lease under IFRS 16.
Impacts and Challenges in Auditing CECL
FASB’s new CECL standard is creating issues for auditors and other users.
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Key Facts to Know About Financial Reporting and COVID-19
Millions of businesses have been closed, hoping and praying that the economic crisis is temporary. All levels of supply chain and distribution have been disrupted, creating havoc with...
Audits are not always fun, but do provide many benefits
Read about the benefits of an audit.