Category: Technical accounting
Revenue Recognition and Lease Accounting Standards Insights
They are both hefty in size and complexity: The arrival of ASC 606, “Revenue from Contracts with Customers,” ASC 842, “Leases,” was a long time coming, and their complexity was exacerbated by the fact that their in…
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Time for a Checkup: How COVID-19 Can Affect Your Financial Statements
Secondary to the toll the coronavirus pandemic is having on people’s health and lives around the globe is its impact on companies. It’s forced companies to adapt quickly to shifts in supply, production and distribution…
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FASB’s Lease Accounting Delay and Private Companies: You’ll Need the Extra Time
A huge exhale! You either heard it or experienced the collective sigh of relief last week when the Financial Accounting Standards Board announced the delay of some rule implementation deadlines, including the effective dat…
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How to Deal with the New Revenue Recognition and Lease Accounting Standards? Help for Private Companies
What’s the biggest takeaway from the experiences of public companies that have adopted the new revenue recognition and lease accounting standards? For both accounting rules, the process has been more time-consuming and c…
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The Business Lifecycle: Know the Journey So You Can Plan Ahead
What do you see in the road ahead in 2019? Does it appear more uncertain than sure? Is it paved with growth opportunities or a pullback? For companies large and small, the path forward can take awhile to become clear. At R…
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Implementing the new revenue recognition standard—5 lessons learned from the front lines
“Overwhelming” is an understatement when talking about implementing the new revenue recognition standard. A huge amount of effort is needed, as the public companies that first adopted the new rules quickly disc…
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The latest on leasing: Power through the new accounting standard’s implementation
Ready or not… here it comes! The new lease accounting guidance will be effective before we know it. ASU 2016-02, Leases (Topic 842) will result in some pretty dramatic changes to the balance sheet for companies that …
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Technical accounting pros who love the tough stuff join the dream team
Tough-to-find talent has found their way to RoseRyan. Three accounting whizzes join our Technical Accounting Group (TAG), deepening our bench strength to handle the tricky transactions and evolving accounting matters affec…
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Year-end checklist for finance teams—10 ways to end the year right
The exciting month of December offers a paradox to finance teams. They’re in retrospective mode while also planning for the year ahead. And they’re super busy while hoping to use up any leftover vacation days b…
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4 companies make the right moves along the business lifecycle
Every company is at a different stage along the business lifecycle. Some companies have just started out, some are surging forward, some are growing organically and others are fighting against fierce competition. Where is …
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