By: Ken Brackney, Ph.D. The Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2015-08, Pushdown Accounting: Amendments to...
By: Nicholas Lombardi Jr., CPA ASU No. 2014-18 Accounting for Identifiable Intangible Assets in a Business Combination Under current professional...
By: Art Winstead It’s all about the timing. ASU 2014–12 was issued to provide explicit guidance as to the timing,...
By: Ken Brackney Can acquirees in business combinations adopt the same new basis of accounting the acquirer uses? The Financial...
By: Art Winstead The Private Company Council (PCC) was successful in having four of its recommendations accepted and issued by...
By: Rob Hamilton Classification of Certain Government-Guaranteed Mortgage Loans Upon Foreclosure In August 2014, the Financial Accounting Standards Board (FASB)...
By: Wesley Allen Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans Upon Foreclosure The Financial Accounting Standards Board (FASB)...
By: Dan Smeaton Topic 860—Repurchase-to-Maturity Transactions, Repurchase Financing, and Disclosures What is the issue? This issue is being addressed by...
By: Ken BrackneyBlog Series: Revenue from Contracts with CustomersPost 6 of 6 This blog entry highlights the transition requirements for...
By: Jonathan Kraftchick, CPA Blog Series: Revenue from Contracts with Customers Post 5 of 6 Recognize Revenue as the Performance...