- Baker Tilly comments tot he Financial Accounting Standards Board on Topic 958 proposed changes to accounting guidance for contributions received and made.
- Businesses that meet the definition of a public business entity because their financial statements have to include, or be included, with the financial statements or financial information of other public companies can have more time to adopt the FASB's revenue recognition and lease accounting standards. The organizations can adopt the new standards at the same time as private companies, the FASB said in an update to U.S. GAAP.
- In the wake of recent natural disasters, it is important for companies to understand potential U.S. GAAP accounting implications.
- The accounting rules for mergers and acquisitions can be complicated depending on how a deal is structured. Here are four questions to ask to help you record your transaction correctly.
- Baker Tilly provides comment on the proposed ASU for Consolidation (Topic 810), Targeted Improvements to Related Party Guidance for Variable Interest Entities, issued by the FASB.
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