When the calendar flipped from 2021 to 2022, your private company didn’t only enter yet another year. Instead, it entered when the latest Financial Accounting Standards Board (FASB) ASC 842 compliance ...

ATLANTA--(BUSINESS WIRE)--With the final ASC 842 lease accounting compliance deadline finally in sight, private companies are quickly shifting focus after 73% deprioritized their lease accounting ...

On September 21, 2020, the Financial Accounting Standards Board (“FASB”) announced a proposed Accounting Standards Update (“ASU”), that if enacted, would provide a “practical expedient”, simplifying ...

FASB issued Accounting Standards Update (ASU) 2009-06 to provide additional implementation guidance on accounting for uncertainty in income taxes and to eliminate the disclosures required by FASB ...

Commercial loan documents may be impacted by new treatment of leases under ASC 842 Lenders and non-public companies should be aware of the impact of Financial Accounting Standards Board (FASB) ASC 842 ...

The January A&A Focus webcast featured discussions on artificial intelligence in audit, assurance considerations with tariffs, and small firm challenges. The December A&A Focus webcast reviewed FASB ...