A new accounting standards update addresses how to determine whether a contract liability is recognized by the acquirer in a business…

Read on for an overview of Tennessee’s recently signed House Bill 131, as well as which types of fixture are now excluded from the…

Final regulations have been released implementing amendments for determining the taxable year in which an amount must be reported as gross…

With private companies and not-for-profit (NFP) organizations in the home stretch of implementing Accounting Standards Codification 606,…

With private companies in the home stretch of implementing Accounting Standards Codification 606, FASB posted an Implementation Q&A on…

Revenue recognition is a common topic at industry events and in various accounting resources—and it’s not something to delay preparing for…