Tag Archive | accounting standards

A Not-for-Profit’s Guide to Upcoming Accounting Changes

We remain in a relatively quiet time for changes in accounting and reporting standards affecting not-for-profit organizations, notwithstanding larger proposals affecting the intermediate and longer term. Some of the near term changes are essentially tweaks to ensure organizations are following standards with consistency rather than having the diversity in practice that can sometimes arise. Despite not having any major changes to report, […]

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Revenue Recognition Considerations for the Manufacturing Industry

All entities will have to reevaluate their revenue recognition processes when the Financial Accounting Standard Board (FASB)’s Accounting Standard Update (ASU) 2014-09, Revenue from Contracts with Customers (Topic 606) is adopted, beginning with those early adopting in 2017. Manufacturing companies face unique considerations with the new revenue recognition guidance. They should consider how the following […]

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Webinar on Wednesday: Revenue Recognition Update for the Construction Industry

While the new standards for revenue recognition will require significant changes in internal accounting practices for any industry with contract revenue, this webinar will specifically address the impact to the AEC industry and discuss recent and proposed changes to the new revenue recognition guidance. We will look at the changes as well as how to […]

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July 23: Revenue Recognition Update for the Construction Industry

While the new standards for revenue recognition will require significant changes in internal accounting practices for any industry with contract revenue, this webinar will specifically address the impact to the AEC industry and discuss recent and proposed changes to the new revenue recognition guidance. We will look at the changes as well as how to […]

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Update on Classification & Disclosure of Fair Value Hierarchy

A recent accounting standards update (ASU) issued by the FASB is designed to eliminate diversity in practice among entities reporting certain fair value disclosures and simplify reporting for qualifying investments reported using the NAV as a practical expedient. ASU 2015-07, Fair Value Measurement (Topic 820), Disclosures for Investments in Certain Entities That Calculate Net Asset […]

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Hot Topics in Accounting and Financial Reporting This Quarter

The second quarter of 2015 saw several narrow scope improvements and proposed changes to accounting standards. From simplifying fair value hierarchy classification types of instruments to hosting arrangements and consolidation accounting, the recently announced proposal and accounting changes tended to be small in scale. The issuance and implementation of larger projects remains on the horizon. […]

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Webinar on July 7: Second Quarter Accounting Update

This quarterly webinar will bring you up-to-date on hot topics, technical matters and current events impacting financial reporting and the accounting profession. Professionals from CBIZ and Mayer Hoffman McCann P.C. will discuss recent happenings at the Financial Accounting Standards Board, American Institute of Certified Public Accountants, Securities and Exchange Commission, Public Company Accounting Oversight Board […]

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