The FASB met on Wednesday, May 20, 2020 voted to extend the effective date of Topics 606, Revenue from Contracts with Customers, and 842, Leases, for certain entities and has directed the staff to draft a final Accounting Standards Update (ASU) for vote by written ballot. VIEW...
Background COVID-19 has created significant market volatility resulting in sharp decreases in corporate valuations for both public and private companies. Board Members and C-Suite Executives will be faced with challenging decisions to address “underwater” stock options that have lost retention and incentive value to employees. In...
Accountants are facing unique challenges during the coronavirus pandemic — but the profession is rising to meet them at all levels, according to leaders from the American Institute of CPAs. “This is a defining time for the AICPA and our firms,” said Erik Asgeirsson, president and...
Check out IFAC's new Practice Transformation Action Plan to assist small to medium size practices during these challenging times amidst the Covid-19 pandemic...
Listen to our Co-Founder and Managing Director, Gary Klintworth, as he talks about several key accounting considerations related to our current environment. View video here ...
We are very excited to announce that ARC Consulting LLC has been named one of the Best Places to Work in the Bay Area for the second time in two years. We are all very proud of our accomplishment, what we have built and looking...
These days, an audit is something you really can’t avoid, but who says it needs to be a pain? Join our very own, Gary Klintworth, along with experts from FloQast and Workiva and learn how to walk through the best ways to engage with auditors in...
ARC Consulting LLC has been named one of the Best Places to Work in the Bay Area 2019. This List includes companies with 25-49 employees working in the Greater Bay Area counties of Alameda, Contra Costa, Marin, Monterey, Napa, San Benito, San Francisco, San...
