Tax & Accounting Blog
Tax & Accounting Blog
The FASB issues alternative to goodwill triggering event assessment in an Accounting Standards Update (ASU) that provides an accounting alternative expected to reduce the complexity for private…
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The FASB has issued Accounting Standards Update (ASU) No. 2021-02, Franchisors—Revenue from Contracts with Customers (Subtopic 952-606): Practical Expedient, that provides a practical expedient that…
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The FASB clarifies the scope of recent reference rate reform guidance through a new ASU issuance today. In March 2020, the FASB issued guidance aimed…
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The FASB issues an Accounting Standards Update (ASU) that delays and eases early adoption provisions for long-duration insurance guidance to help insurance companies adversely affected…
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The FASB issues proposal clarifying the scope of reference rate reform guidance today. Stakeholders interested are to provide input on the proposed ASU by November…
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The FASB issued Accounting Standards Update (ASU) No. 2020-09, Debt (Topic 470): Amendments to SEC Paragraphs Pursuant to SEC Release No. 33-10762. This ASU amends…
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The FASB proposes an Accounting Standards Update (ASU) intended to improve three areas of the leases standard. Stakeholders are encouraged to review and provide comments…
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The FASB issues an Accounting Standards Update (ASU) that offers limited effective date delays on revenue recognition and leases standards. It grants a one-year effective…
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The FASB met on Wednesday, May 20, 2020 and voted to extend the effective date of Topics 606, Revenue from Contracts with Customers, and 842,…
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The FASB issues a proposed Accounting Standards Update (ASU) that grants a one-year effective date delay for certain stakeholders applying the leases and revenue recognition…
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