The Financial Accounting Standards Board (FASB) recently issued its first Accounting Standards Update (ASU) of 2023, which focuses on leases, specifically common control arrangements....
Continue ReadingThe Financial Accounting Standards Board (FASB) recently issued its first Accounting Standards Update (ASU) of 2023, which focuses on leases, specifically common control arrangements....
Continue ReadingUsing Excel or any other spreadsheet may seem like the easiest path to managing your company’s lease portfolio, however, that may not necessarily be the case, especially at a time when...
Continue ReadingBy now, almost all of us have heard about the new accounting lease standards (ASC 842 / GASB 87 / IFRS 16), but are you ready for your year-end reporting? Join Freed Maxick for a one-hour...
Continue ReadingASU 2016-16 Adds Transparency and Simplifies Reporting The presently prescribed method of accounting for income taxes on the sale of assets between affiliated companies (intra-entity...
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