Financial Reporting & Accounting Archives

Financial Reporting & Accounting

Resources

ASC 842 Review Template

Our detailed checklist offers a clear process for reviewing new and existing leases to meet the ASC 842 Lease Accounting standard.

10 Minute Read

April 12, 2021

Financial Reporting & Accounting

Standalone Selling Price Guidance: Performance Obligations in SaaS Contracts

Step 4 of ASC 606 requires an allocation of the total consideration in a contract to which an entity is... View Article

5 Minute Read

March 30, 2021

Careers

On Collaborating With Client Teams

As a consultant, you never know what kind of client you will work with. At my last client, I had... View Article

2 Minute Read

March 19, 2021

Financial Reporting & Accounting

5 Key Considerations for Hiring External Audit Firms

A financial statement audit can be a daunting endeavor for any company. The process is made easier and less stressful... View Article

6 Minute Read

March 17, 2021

telephony systems enhanced recovery collections

Financial Systems

Selecting a Telephony System for Enhanced Recovery & Collections

An effective Collections/Recoveries team is an integral part of an overall Accounts Receivable strategy. Since collecting cash is the foremost... View Article

5 Minute Read

December 15, 2020

Financial Reporting & Accounting

Best Practices for Streamlining Complex Allocation Methods

I had the opportunity to support an investment management client by aiding them in rethinking their complex allocation processes. They had... View Article

5 Minute Read

November 10, 2020

Financial Reporting & Accounting

Getting Ready for ASC 326 – CECL

In late 2019, the Financial Accounting Standards Board (FASB) issued Accounting Standard Update (ASU) 2019-10, which delayed the effective date... View Article

6 Minute Read

November 3, 2020