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The process can be made faster and easier by performing pre-close activities throughout the year in the run-up to the annual close. Continue Reading
Work ahead to manage time and cut down on stress when deadlines loom. Continue Reading
On Friday, FASB issued two new Accounting Standards Updates (ASU) that delay many of the effective dates for new standards on leases, hedging, current expected credit losses (CECL), and long-duration insurance contracts. Continue Reading
Auditors who live and breathe ERISA need to shift quickly if they want to keep up with standard changes. Continue Reading
Private companies and certain other preparers would see delays in effective dates for accounting standards for leases, hedging and credit losses under a proposal issued by the Financial Accounting Standards Board. Continue Reading
Certain cognitive biases have the potential to cause problems for audit work. But practitioners can take steps to recognize and overcome these biases. Continue Reading
The Financial Accounting Standards Board has addressed one of the most challenging areas of financial reporting with a proposal intended to distinguish liabilities from equity. Continue Reading
The Financial Accounting Standards Board has addressed one of the most challenging areas of financial reporting with a proposal intended to distinguish liabilities from equity. Continue Reading
When the day-to-day work at a CPA firm slows down, it's a great time to get to know clients better and hear more about their needs. Continue Reading
America’s cannabis industry continues to grow: The U.S. legal cannabis market was worth an estimated $10.4 billion in 2018 and is projected to grow to about $26 billion by 2025. This projected growth has more and more CPA firms weighing the business opportunities and risks related to expanding their practice into this emerging industry. Continue Reading