Fasb Clarifies The Definition Of A Business
Details: The FASB recently issued ASU 2017-01 to clarify the definition of a business, which is fundamental in the determination of whether transactions should be accounted for as acquisitions (or...
Insights
Sarbanes-Oxley Compliance
Centri Business Consulting is dedicated to providing the highest quality finance and accounting consulting services to its clients by being reliable and responsive to their needs. At Centri we assist...
Focus: Revenue Recognition
The revenue recognition standard affects all entities—public, private, and not-for-profit—that have contracts with customers, except for certain items, which include leases accounted for under FASB Accounting Standards Codification (ASC) 840,...
SEC April 2017: Rule and Form Amendments Applicable To Emerging Growth
Recently, the SEC adopted technical amendments to several rules and forms to reflect securities law amendments included in the JOBS Act of 2012. ...