The proposed ASU reflects a new FASB viewpoint about effective dates that would stagger the implementation dates of new major accounting standards for larger public entities compared to all other...
The Financial Accounting Standards Board (“FASB”) issued an update to ASC 718-09, Compensation – Stock Compensation (“ASC 718”), in May 2017. The ASC 718 update primarily relates to the incorporation...
New York, NY, July 14, 2019 – Centri Business Consulting, LLC will be attending the Accounting & Finance Show at the Javits Center in NYC from July 14 - 15....
The Financial Accounting Standards Board (“FASB”) recently issued ASU 2019-05, Financial Instruments—Credit Losses (ASC 326), Targeted Transition Relief, to allow entities to irrevocably elect the fair value option for certain...
The FASB issued ASU 2019-06, Extending the Private Company Accounting Alternatives on Goodwill and Certain Identifiable Intangible Assets to Not-for-Profit Entities, to simplify how a non-profit entity accounts for goodwill...
The AICPA’s Financial Reporting Executive Committee (“FinREC”) released a working draft of an accounting and valuation guide (the “Guide”) in May 2018, titled “Valuation of Portfolio Company Investments of Venture...