FASB Simplifies Credit Losses for Accounts Receivable and Contract Assets
Accounting for credit losses has required companies to peer into the economic fog, projecting how shifts in employment, inflation, or policy might affect a customer’s...
Accounting for credit losses has required companies to peer into the economic fog, projecting how shifts in employment, inflation, or policy might affect a customer’s...
During AAFCPAs’ recent Nonprofit Seminar (April 2025), Matthew Hutt, CPA, CGMA, Partner, and Jennifer A. L'Heureux, CPA, Manager, shared insights with more than 550 attendees...
AAFCPAs would like to make clients aware that in December 2023, the Financial Accounting Standards Board (FASB) issued Accounting Standard Update (ASU) 2023-08, Intangibles –...
AAFCPAs Provides Business Guidance on FASB’S New CECL Model Guidance May Have a Significant Financial Reporting Impact on Financing and Trade Accounts Receivable The long-awaited...
In 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-02, Leases (Topic 842) to increase transparency and comparability of lease transactions....
AAFCPAs' Annual Nonprofit Educational Seminar is Virtual Again in 2022! As a client and/or friend of AAFCPAs, your registration is complimentary. Reserve your seat.>> 9:00...
ASU 2016-02, Leases (Topic 842) took effect for public companies at the beginning of this year and is scheduled to be effective for private companies one year...
AAFCPAs advises nonprofits in assessing the impact of the new Accounting Standards Update (ASU) No. 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of...
AAFCPAs advises nonprofits in assessing the impact of the new Accounting Standards Update (ASU) No. 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of...