The revenue recognition standard that takes effect in December for public companies could pose challenges for technology businesses, particularly those relying on traditional subscription licenses, ...
Members of the Financial Accounting Standards Board voted 6 to 1 at a meeting in March to create a new, optional transition method for lessees under the ASC 842 lease accounting standards. The new ...
On May 10, 2018, the Internal Revenue Service (IRS) issued Rev. Proc. 2018-29, 2018-21 I.R.B. 1, which provides automatic accounting method change procedures for taxpayers seeking to align methods of ...
It’s easy to get caught up in focusing on the clinical side of your ASC; after all, bringing in procedures and performing them efficiently and at a high level of quality are the foremost keys to ...
After going into effect for public companies this fiscal year, Accounting Standards Codification 606 will apply to private companies come January. The Financial Accounting Standards Board amendment, ...
A joint effort by the Financial Accounting Standards Board (“FASB”) and the International Financial Reporting Standards Foundation (“IFRS”) will fundamentally reset the accounting treatment of leases ...
ATLANTA--(BUSINESS WIRE)--LeaseQuery, a leading provider of software built to simplify the complexities of accounting, today announced the LEASE Summit (Lease Essentials: Advice Shared by the Experts) ...
NEW YORK, Dec. 3, 2020 /PRNewswire/ -- Occupier, a modern real estate lease management platform for businesses, announced today the release of its third module that enables companies to gain ...
Boeing moved 33 777X orders into an accounting bucket for deals unlikely to close, reducing the widebody's backlog to 473 ...
One silver lining of COVID-19 appeared when private companies received a short reprieve from the new lease accounting standards courtesy of FASB ASC 842 — “reprieve” being the operative word here.
Financial and operational strategy optimization often overshadows the importance of maintaining positive investor relations in tiding over market turbulence. For example, the U.S. technology sector ...