9 Tactics to Drive Quality in a Single Audit
The accounting profession’s pursuit of quality in auditing has led CPAs and regulators to consider what factors might correlate with...
Business Combinations (Topic 805)
By: Nicholas Lombardi Jr., CPA ASU No. 2014-18 Accounting for Identifiable Intangible Assets in a Business Combination Under current professional...
FASB Proposes Disclosure Framework
This blog post was submitted and written by the NCACPA Accounting & Attestation Committee. FASB recently issued a proposed Concepts...
A Review of ASU 2014–12
By: Art Winstead It’s all about the timing. ASU 2014–12 was issued to provide explicit guidance as to the timing,...
ASU 2014-17: Pushdown Accounting
By: Ken Brackney Can acquirees in business combinations adopt the same new basis of accounting the acquirer uses? The Financial...
Applying Variable Interest Entities Guidance to Common Control Leasing Arrangements—A Consensus of the PCC
By: Art Winstead The Private Company Council (PCC) was successful in having four of its recommendations accepted and issued by...
ASU 2014-14: Receivables—Troubled Debt Restructurings by Creditors (Subtopic 310-40)
By: Rob Hamilton Classification of Certain Government-Guaranteed Mortgage Loans Upon Foreclosure In August 2014, the Financial Accounting Standards Board (FASB)...
Guidance by the Glass at Childress Vineyards
By: Melisa Galasso NCACPA’s Accounting & Attestation Committee meets quarterly to discuss recently issued and proposed guidance and determine the...
Part 3: 4 Catastrophes a Good Audit Trail Can Help You Avoid
Blog Series: 4 Catastrophes a Good Audit Trail Can Help You AvoidPost 3 of 3 4. Compliance infractions. Infractions of compliance...
Revenue from Contracts with Customers: Step 2
By: Nicholas Lombardi Jr., CPA Blog Series: Revenue from Contracts with Customers Post 3 of 6 As this is only...
