By Jonathan Kraftchick Currently, there is no guidance on how to account for fees paid in a cloud computing arrangement...
By Michael Edwards As part of its initiative to reduce the complexity of accounting standards (the Simplification Initiative), FASB has...
Fair value (FASB ASC 820) is defined as “the price that would be received to sell an asset or paid...
by Melisa Galasso There has been a lot of change in the area of Going Concern lately. It started with...
By Art Winstead ASU 2015–02 is an amendment to existing consolidation guidance in the Codification (Topic 810). ASU 2015–02 does...
by Arianna Campbell, Project Manager, Boomer Consulting, Inc. Congratulations! You have made it through another tax season. Of course the...
By: Ashley Gillen Binder, Sageworks Do you recall your first few years post-grad? You may yearn for fewer responsibilities (and...
By Natasha L. Closs, Director of ProfitCents Consulting & Advisory Services for Sageworks To increase revenue, your accounting firm either...
By: Nicholas Lombardi Jr., CPA ASU No. 2014-18 Accounting for Identifiable Intangible Assets in a Business Combination Under current professional...
This blog post was submitted and written by the NCACPA Accounting & Attestation Committee. FASB recently issued a proposed Concepts...