Recent articles
Do Clients Need New Revenue Recognition Standards?
We commonly encounter practitioners seeking alternatives for clients not required to use U.S. GAAP. As the staff of AICPA’s Center for Plain English Accounting (CPEA) (www.aicpa.org/cpea) conduct onsite training at member firms on FASB’s revenue recognition standard...
IAS 17 Leases – Summary with Examples – PDF
An overview of IAS 17 leases.
IFRS 16 Leases – Summary with examples – PDF
Understand the new IFRS 16 principles through video and examples.
Lease Capitalization and 6 More Common Myths about the New Lease Rules
Debunk the top myths about the new accounting standards.
ASC 606 Lessons Learned
This article provides a refresher of the steps to account for contracts with customers under ASC 606.
Current Developments in the Private Sector
About the Panelists Susan Cosper, technical director at FASB and recently appointed to be a member of the board; Robert Laux, region lead for North America at the International Integrated Reporting Council (IIRC); David Schmid, partner and...