Addressing Warranties When Implementing The New Revenue Recognition Standards August 15, 2019 By: Claudia R. Wolter A warranty is a separate performance obligation if the warranty can be purchased separately. What … Read More
Understanding Waste and Inefficiencies Under the New Revenue Standard July 22, 2019 By: Claudia R. Wolter When a cost incurred does not contribute to progress in satisfying the performance obligation, the … Read More
FASB Proposes Delay in New Leasing Standard July 18, 2019 On Wednesday, July 17, the Financial Accounting Standards Board (FASB), voted proposing a one year … Read More
Your Succession Plan May Benefit from a Separation of Business and Real Estate June 26, 2019 Like most businesses, yours probably has a variety of physical assets, such as production equipment, … Read More
How To Implement Disclosure Information Under the New Revenue Recognition Standards June 6, 2019 By: Claudia R. Wolter There are a lot of new disclosures required. Some are policy and can be written/determined … Read More
Addressing Pre-Contract Costs When Implementing Revenue Recognition Standards May 7, 2019 By: Claudia R. Wolter Pre-contract costs are capitalized on the balance sheet and amortized into the contract over the … Read More
Four Business Functions You Could Outsource Right Now February 19, 2019 By: Trey Gailey The following article, which has been slightly modified for publication here, about business outsourcing was … Read More
TCJA Provides Tax Benefits for Investments in Qualified Opportunity Funds December 13, 2018 The recently enacted Tax Cuts and Jobs Act (TCJA) introduces two elections, one to defer … Read More
How the New Partnership Audit Procedures May Affect Your Partnership and How You Can Plan December 13, 2018 The following article, which has been slightly modified for publication here, about partnership audit procedures … Read More
