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You might know what GASB 87 is, but when it comes to making your lease accounting practices GASB 87-compliant, are you really hitting the ball out of...

I get it: the 2021 audit season is probably the craziest busy season your CPA firm has ever seen. 

FASB’s proposal to once again delay implementation of the new lease standard by one year for non-public companies brought some relief amid the...

Breaking news in the accounting world!

There have been over 90 separate GASB statements released by the organization since its inception in 1984. GASB, or the Governmental Accounting...

GASB 87 is effective for fiscal years beginning after June 15, 2021, and all reporting periods thereafter—believe it or not, that’s right around the...

When it was time for public companies to implement the new lease accounting standard, many opted for a tool they already know: spreadsheets. Similar...

Written by Ane Ohm on Tuesday, August 6, 2019 It’s been a couple of weeks since the FASB announced its decision to potentially delay the...

The Financial Accounting Standards Board met on November 10, 2021 and decided not to further defer the new lease accounting standard implementation...

Read the original article posted on Accounting Today.

As we wrap up an unpredictable year, let’s explore the Financial Standards Accounting Board...

The Private Company Council (PCC) and the Small Business Advisory Committee (SBAC) recently met and discussed the implementation of ASC 842,...

The Governmental Accounting Standards Board, or GASB, was established in 1972 in order to create accounting and reporting standards that foster...