Lease Accounting Update for March 2019

Lease Accounting Update for March 2019

The FASB just released an important update, ASU 2019-01, that simplifies the implementation process to ASC 842. The updates are based on learning from companies that have transitioned to the new standard. Here’s what you need to know: Issue 1: Determining the Fair...
4 Ways to Improve Financial Reporting Quality and Processes

4 Ways to Improve Financial Reporting Quality and Processes

To say that financial reporting regulations have changed in the past 20 years would be an understatement. We’ve seen significant recommendations made by The Securities and Exchange Commission (SEC), the introduction of The International Financial Reporting Standard...