Much attention has been focused on the Small Business Administration’s Paycheck Protection Program (PPP) Loans, especially with regard to interpretation
The CARES Act created the Paycheck Protection Program (PPP) to provide loans to assist businesses and not-for-profit (NFP) organizations through
Background In August of 1970, the Accounting Principles Board (APB) issued Opinion 16: Business Combinations to set the standards for
As cloud computing became more popular, businesses took different approaches to how they accounted for it on their financial statements.
New PCAOB standards will require discussion of critical audit matters (CAMs) in audit reports to provide relevant information for investors.
According to a recent survey, many companies are behind in their preparations for ASC 842/IFRS 16. Read this NetSuite blog
At the SuiteWorld19 conference, Chris Whitfield, CFO of MANA Nutrition, talked about how he uses his background in for-profit companies
The new FASB lease accounting standard ASC 842 is already in effect for public companies with a calendar year-end. Private
ASU 2017-07 addresses clarity and consistency issues and will impact pension and postretirement plans. Public entities should adopt this update for
Preparers of financial statements should be aware of several tax provisions contained in the Tax Cuts and Jobs Act that
The Financial Accounting Standards Board (FASB) recently issued an update, ASU 2017-04, Simplifying the Test for Goodwill Impairment, that is designed
More than a year after the proposed changes were presented in an exposure draft in 2015, the Financial Accounting Standards
