Insights Category: Assurance

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Learn About the Latest Lease Accounting Standards

August 9th, 2016

Whether you are the lessor or lessee, if you have any leases lasting over one year (including renewals), you will be impacted by this standard. The new standards become effective in 2019 for public companies, and 2020 for privately held enterprises. Consider the following steps: Assign an implementation team. Involve us in the process. Read […]

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How the New Revenue Recognition Standards Will Impact Your Business

August 9th, 2016

As you know, new Revenue Recognition Standards for contracts with customers will begin in 2018 for public companies, and 2019 for privately held enterprises. If you are presenting comparative financials statements, the impact will come even sooner. We strongly recommend our clients to start preparing now. Implementation Steps: Assign an implementation team. Involve us in the process. […]

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