Category: Technical accounting
Hot topics for finance departments in 2015
There’s a tension for finance organizations that go public. Throughout the year, they are faced with new rules from accounting standard-setters, new guidance from accounting firms and new direction by regulators that cou…
See MoreNew discontinued operations guidance de-clutters reporting
While large valuation acquisitions of entire companies (for example, Facebook acquiring WhatsApp for $19 billion) grab the headlines, the majority of the acquisitions are for just a division or segment of a business, and t…
See MoreRevenue recognition: Are you in denial?
After more than a decade in the making, the FASB and the IASB finally issued new revenue recognition rules. Now if the boards needed that kind of a runway, how hard will it be for companies to implement? This is what manag…
See MoreThe new rev rec rules: Making estimates that minimize the likelihood of restatements
Get ready for scrutiny. One of the many challenges presented by the new revenue recognition rules is the need for companies to come up with an estimate of revenue for variable consideration instead of waiting until amounts…
See MoreDoes the FASB need to step back and simplify?
Having been involved in accounting for over 30 years, I have seen quite a few changes in accounting requirements, all enthusiastically introduced to “help the reader understand the financial status of a company better.�…
See MoreHow the new revenue recognition standard may affect your company
We’ve been hearing about it for years. Finally, the result of the joint project between the FASB and the IASB to update and consolidate accounting standards for revenue recognition into one global standard is just about …
See MoreHow the new revenue recognition rules should help global businesses
One of the issues global companies have always faced is how to manage a global sales force in an environment where local accounting rules for revenue recognition vary. Countless times, sales teams have vented to me because…
See MoreRoseRyan in action: smoothing steep growth with equity accounting
Here’s a situation that might sound familiar: your midsize tech startup is growing so fast that you’re scrambling to bring new people on board just to keep up with demand. Talent doesn’t come cheap, and you’ve lure…
See MoreHardware is dead in Silicon Valley. (Not)
A recent PBS documentary on the roots of Silicon Valley was really a story about Fairchild Semiconductor and the birth of the microchip industry. However, over the past 10 years, the Valley has continued to transform, bec…
See MoreYear-end heads-up: don’t let equity issues take you by surprise at audit time
December 31 is fast approaching. Can audits be far behind? Every year as we help our clients maneuver through the audit process, it seems that one of the areas that can cause significant difficulties is equity. It’s not …
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