Tax & Accounting Blog
Tax & Accounting Blog
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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Amazing Realizations One of the industry’s most highly regarded and anticipated virtual conferences is back! Once again, Audit Talks LIVE – Spring 2020 will bring…
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The FASB has issued Staff Q&A (question-and-answer document) that responds to frequently asked questions about the disruptive effects of COVID-19 on cash flow hedge accounting.…
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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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The FASB issues Staff Q&A document addressing stakeholder questions on the application of the lease accounting guidance for lease concessions. The Staff Q&A is related to the…
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The FASB held a public meeting to approve measures intended to provide stakeholders with accounting relief and clarity during the COVID-19 crisis. When the FASB held a…
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The FASB is monitoring and responding to the COVID-19 (coronavirus) pandemic situation and is committed to supporting and assisting its stakeholders during this difficult time.…
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The CARES Act (the “Act”) provides temporary relief from FASB Accounting Standards Update (ASU) No. 2016-13, Financial Instruments —Credit Losses (Topic 326): Measurement of Credit…
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The FASB issues an Accounting Standards Update (ASU) that makes narrow-scope improvements to financial instruments guidance. This includes the current expected credit losses (CECL) standard…
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