An early May survey of German CFOs and management accountants revealed that 60% were still unable to say when they expected the situation within their company to return to normal. The survey — by WHU-Otto Beisheim School of Management together with the International Association of Controllers...
1500 is the number of miles that our exercise team of fourteen walked, hiked and biked during the month of June. The top three winners, accounting for 665 miles of the total miles, were provided with monetary amount to share with their favorite charities. ...
Corporate directors applaud their companies’ pandemic response thus far—but the work has only just begun. The COVID-19 pandemic and its fallout are testing companies like never before. According to our survey of directors, most board members say executives have done a great job of navigating the...
The Governmental Accounting Standards Board released a technical bulletin with guidance for applying existing GASB standards to transactions related to the CARES Act and outflows incurred in response to the COVID-19 pandemic. It answers some of the questions raised by GASB stakeholders, especially state and...
The International Accounting Standards Board introduced a significant overhaul to lease accounting standards, and while the changes went into effect at the start of 2019, corporates continue to face challenges to adhere to the standards and remain compliant. In response, corporate accounting FinTechs and financial consultants...
The economic fallout from COVID-19 is causing an unprecedented number of challenges and lease changes for many companies. But it also presents new opportunities for harnessing lease data to conserve and generate cash. Here are a few ways to identify such opportunities, execute on them,...
Figuring out how to structure a new project can be difficult enough. Throw in the majority of folks working remotely, some for the first time, and now you’ve got another layer of complexity. While I tend to lean towards wanting firm structure by nature, I’ve had...
The AICPA announced today that it is launching a new CPA Exam Scholarship, offering up to $1500 to at least 50 AICPA Student Affiliate members or AICPA CPA Exam Candidate Affiliate members in the U.S. to reimburse fees for taking the CPA Exam as well...
If you haven't had a bad boss, you've probably seen one on TV. The fearsome boss is a staple of American pop culture, from tyrannical media moguls and greedy masters of the finance universe. Does the on-screen prevalence of bad bosses appeal to viewers by mirroring...
Norwalk, CT, June 3, 2020—The Financial Accounting Standards Board (FASB) today issued an Accounting Standards Update (ASU) that grants a one-year effective date delay for certain companies and organizations applying the revenue recognition and leases guidance. Early application continues to be permitted. “The FASB issued the...
