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8 things to know about lease accounting implementation

  • December 3, 2018

Implementing the Financial Accounting Standards Board's new lease accounting standard has not been easy for many companies. Here are some things that company finance departments may wish to keep in mind as the standard takes effect at the beginning of next year for public companies.

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CAMICO Tip of the Month: Indemnification - understand your risks

  • December 3, 2018

CPA firms are experiencing an uptick with clients trying to embed indemnification and/or hold harmless clauses in various agreements with the firms. Many of the clauses are inappropriate for CPA services or are overly broad, even to the point of shifting all liability to the CPA firms. Here are some considerations before agreeing to any such clauses.

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Revenue recognition tilts toward modified transition approach

  • November 9, 2018

S&P 500 companies most often chose the modified retrospective transition approach for revenue recognition implementation, according to a white paper by Intelligize. Meanwhile, Securities and Exchange Commission comment letters show measurement of performance obligations was a particularly challenging area for early adopters

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