by Mind the GAAP | Oct 5, 2015 | Other Topics
Earlier this year, the Securities and Exchange Commission (SEC) released final rules to facilitate access to capital by smaller companies. The rules actually expanded an existing set of SEC guidelines known as Regulation A… Read...
by Mind the GAAP | May 20, 2015 | Financial Statement Presentation
In 2014, the FASB commenced a project to reduce cost and complexity in financial reporting. The goal was to make targeted simplifications to certain accounting rules…
by Mind the GAAP | May 13, 2015 | Revenue Recognition
In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers. ASU 2014-09 establishes comprehensive accounting guidance for revenue recognition and will replace substantially all existing U.S. GAAP on this...
by Mind the GAAP | May 13, 2015 | Revenue Recognition
In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers. ASU 2014-09 introduces new Accounting Standards Codification Topic 606. ASC Topic 606 could significantly change revenue recognition for the hardware industry… Read...
by Mind the GAAP | May 1, 2015 | Revenue Recognition
In May 2014 – after years of discourse, debate, and deliberations – the FASB and IASB (“the Boards”) issued a joint standard on revenue recognition (ASC 606 and IFRS 15)… Read...
