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Mastering Fiduciary Activity Reporting For Governments
In Brief GASB recently updated its guidance on the reporting of assets held by governments in a fiduciary capacity. While the clarification on how to differentiate fiduciary and nonfiduciary...
What to Know Now that New Leasing Standards are in Effect
Learn what you need to know to help your clients with the new lease accounting standards.
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New Revenue Recognition Guidance and the Potential for Fraud and Abuse
In Brief Now that FASB’s new revenue recognition standard is effective, it is worth considering how well the guidance meets the goals originally set by the board. One of the original motives...
Audit Implications of the New Revenue Reporting Standard
About the Panelists The panel featured Meredith Canaday, CPA, partner in the department of professional practice at KPMG; Sheri Fabian, technical partner in the national professional standards...
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How to Prepare for an Audit of Your Financial Statements after Transitioning to IFRS 16 and ASC 842
This article will help you prepare for your first audit post-transition.
Are You Ready for the New Revenue Recognition Standard?
Learn about the new model for reporting revenue from contracts.