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For years, revenue recognition has been the cause of audit failures and the focus of corporate abuse and fraud allegations. Today, we hav...Read more
The Code of Professional Conduct is a set of principles, rules, and interpretations that guide CPAs in the performance of their professio...Read more
Financial statements are written records that convey the business activities and the financial performance of a company. They are used by...Read more
This CPE E-Book provides an in-depth overview of Accounting Standards Update (ASU) No. 2016-13, Measurement of Credit Losses on Financ...Read more
The accounting principles related to accounting changes and error corrections are included within ASC Topic No. 250. Similar to many othe...Read more
The term business consolidation refers to the combination of different business units or companies into a single, larger organization. Bu...Read more
A company’s financial statements sometimes report significantly different results from year to year. This may be due to changes in econ...Read more
Accounting changes and error correction refer to the guidance on reflecting accounting changes and errors in financial statements. It out...Read more
Guarantees are often included within certain purchase agreements, sales agreements, commercial agreements, and many other types of agreem...Read more
The term business consolidation
refers to the combination of different business units or companies into a
February 2016, the Financial Accounting Standards Board (FASB) issued
Accounting Standar...Read more
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