FASB

BGA Announces LeaseDashBoard® for Navigating New Lease Accounting Rules

After our recent announcement of the LeasePilot launch, we found that the name sat in a crowded field of similar names that could cause confusion. We want to make it as easy as possible for our clients to find us. So, we’ve changed our name to LeaseDashBoard. Simplify accounting for leases and easily comply with […]

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Keeping Up with Revenue Recognition Oversight and the Coming Changes

Revenue recognition continues to be under the microscope as regulators step up their scrutiny of financial statements. At the same time, businesses, accounting firms and consulting advisors are working to understand the full impact of the coming converged standards. Wise companies will walk parallel paths – one to ensure compliance and their good reputation today

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Getting the Most From Non-Audit Professional Services

As regulatory oversight increases, audit firms are expecting clients to expand their pre-audit preparation efforts. For the best return on investment, companies will use non-audit professional services wisely to solve pre-audit workload issues and to achieve long-term organizational improvements. While the economy continues a slow but steady improvement, our industry finds itself at a phase

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An Update on the Planned Convergence of U.S. GAAP & IFRS Standards

With the joint FASB/IASB boards reversing recent decisions, companies are understandably reluctant to invest in new processes until final rules are issued. One overarching issue, however, remains clear: The new converged U.S. GAAP and IFRS standards will have a significant impact on how all companies report financial results. Wise companies will find the balance between

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How The Convergence of U.S. GAAP and IFRS Standards Will Affect Lease Accounting

As the convergence of U.S. GAAP and IFRS standards makes progress, interim changes confirm that the new rules will have a significant effect on how all companies report financial results. Regarding lease accounting, proposed rules issued thus far will affect balance sheets substantially – enough in some cases to make companies reconsider their leasing strategies.

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How The Convergence of U.S. GAAP and IFRS Standards Will Affect Revenue Recognition

The convergence of U.S. GAAP and IFRS standards will have a significant impact on how all companies report financial results. With interim changes to the accounting for certain revenue recognition transactions effective for most companies in 2011, the time to get ready is now. You have probably read about the Security and Exchange Commission’s (SEC)

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