The average cost of a data breach has reached $4.88 million, up 10% from last year, according to a recent…
At Financial Executives International’s Corporate Financial Reporting Insights Conference last November, staff from the Securities and Exchange Commission (SEC) expressed…
Stay compliant with The Standard ASC 842 Increase transparency and comparability in financial reporting Requires lessees to recognize most leases…
IRS examiners usually do their homework before meeting with taxpayers and their professional representatives. This includes reviewing any relevant Audit Techniques…
Does your company use supplier finance programs to buy goods or services? If so, and if you must adhere to…
Accounting Standards Codification Topic 842, Leases, requires organizations to report the full magnitude of their long-term lease obligations on their…
Under U.S. Generally Accepted Accounting Principles (GAAP), financial statements are normally prepared based on the assumption that the company will…
In recent years, accounting rule makers have issued guidance that requires certain items on the balance sheet to be reported…
A business may be able to claim a federal income tax deduction for a theft loss. But does embezzlement count…
Auditors typically deliver financial statements to calendar-year businesses in the spring. A useful tool that accompanies the annual report is…