Recent articles
The Use and Valuation of Contingent Considerations (Earnouts) Under the New Appraisal Guidance
How should contingent consideration, also known as earnouts, be valued? A dozen specialists will likely give a dozen different answers. Ten years after FASB released Statement of Financial Accounting Standards (SFAS) 141(R), Business Combinations (now...
Current Developments at the SEC
Pictured, left to right: Charles Wright, Norman Strauss, Wesley Bricker, and Kyle Moffatt Photos by E. Lee White Bricker began the panel by showing the audience an introductory video on the role of the various organizations that make up the U.S. financial reporting...
FASB Issues Improvements to the New Lease Accounting Standard
On July 30, 2018, the Financial Accounting Standards Board (FASB) issued ASU No. 2018-11, a long-awaited – but expected – update to pending changes in lease accounting standards, intended to reduce implementation costs and burden. The update provides a new, simplified...
ICYMI | Accounting for Leases Under the New Standard, Part 1
This article discusses how to define and classify leases under ASC 842.
Multiple Challenges Coming With New Lease Accounting Standard
Prepare for these challenges that come with the new lease accounting standard.
Automatic consent to accounting method change for new FASB & IASB financial accounting standards
This article contains information about recognizing revenue from contracts with customers under the new financial standards issued by FASB and IASB.