New Lease Standard and Impact on the Construction Industry
On February 25, 2016, the Financial Accounting Standards Board (FASB) issued its new lease accounting standard, FASB Accounting Standard Update 2016-02
5 Mistakes in a Contractor Audit, or The Dangerous Road of Last Year
Annually, most companies have an audit completed by their CPA for banking, bonding and other users of their financial statements. For most CFOs and controllers,
Revenue Recognition, Second in a Series: Back to the Future
As a part of Accounting Standards Update 2014-09 (ASU 2014-09): Revenue from Contracts with Customers, Financial Accounting Standards Board (FASB) entities
PCAOB Standard Setting Agenda: What Audit Committee Members Should Be Aware Of
Quarterly, the PCAOB releases its Standard Setting Agenda, which is used to share topics that are on the forefront of change or consideration. The most
Postcard from the PICPA's Annual Construction Update
I recently attended the Pennsylvania Institute of Certified Public Accountants (PICPA) annual construction update. The update focused on several topics,
In recent months, exploration and production companies are receiving notice of subpoena, and/or threats of lawsuits, over the treatment of royalty payments
The Composite Financial Index (CFI) is intended to assist institutions in understanding the affordability of their strategies and used to monitor the financial
New Lease Standard and Impact on the Real Estate Industry
On February 25, 2016, the Financial Accounting Standards Board (FASB) issued its new lease accounting Standard, FASB Accounting Standard Update 2016-02
Revenue Recognition, First in a Series: Implementation Guidance
Although the Financial Accounting Standards Board issued Accounting Standards Update 2014-09, Revenue from Contracts with Customers (ASU 2014-09), more
It is no secret that the cash flow statement has long been a source of heartache for both preparers and regulators of public company financial statements.
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