Comment Letters Surrounding New Revenue Recognition Standard Reveal Issues
Public energy companies are now one year in on their implementation of ASC 606, Revenue From Contracts With Customers, the revenue recognition guidance
What is the SEC Looking For in Your Internal Control Environment?
This Article was co-written by Nicole Saldamarco At the recent AICPA year-end conference, SEC staff members indicated that they will be looking more closely
PCAOB Amends Standards for the Use of Specialists
This article was co-written by Jonathan Grim. In response to more estimates used in financial reporting and the increased use of specialists who determine
PCAOB Adopts New Standard on Auditing Accounting Estimates
The Public Company Accounting Oversight Board (PCAOB) adopted a new standard on auditing accounting estimates. The standard is in response to the increasing