Our whitepaper explains contracts within the scope of Topic 842, as well as a lessor’s accounting under ASC 842 for its contracts that are (or include) leases.
SAS 136 includes requirements to communicate reportable findings identified as a result of testing relevant plan provisions.
Plan administrators should consider all implications of an ERISA Section 103(a)(3)(C) election before the election is made.
The AICPA Digital Assets Working Group has updated a practice aid regarding the accounting for and auditing of digital assets.
We have updated our white paper regarding the fundamentals of LIBOR phase out and transition for financial institutions.
We have updated two of our white papers to reflect an update in the SBA’s PPP loan FAQ for borrowers and lenders.
Government entities are finding GASB 87 compliance, the Government Accounting Standards Board’s new standard on lease accounting, complex.
A recent GASB Exposure Draft proposes a unified model for the recognition and measurement of all types of compensated absences.
Learn the importance of discussing with a plan advisor how best to customize plan fees based on circumstance and available options.
The Department of Labor is working on guidance addressing cybersecurity issues as they relate to plan sponsors and third-party providers.
Our coronavirus white paper has been updated for financial reporting matters related to the Consolidated Appropriations Act, 2021.
A recently released mortality improvement scale should be considered when measuring benefit plan costs and obligations.
A recent FASB Staff Educational Paper provides an overview of the accounting guidance for common debt modifications and exchanges.
Portfolio managers of investment companies are considering the impact of COVID-19 and economic conditions on their March 2020 valuations.