loader image
 

Accounting Tag

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 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...

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...

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...