by Mind the GAAP | Oct 7, 2019 | Other Topics
Mind the GAAP and Wipfli recently responded to the FASB’s proposals on simplifying the accounting for debt and equity financings. The firms generally supported the FASB’s recommendations, but requested that the FASB reconsider one of its proposals and to expand the scope of the project to address stock-settled debt.
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by Mind the GAAP | Sep 19, 2019 | Earnings Per Share
In a recent article by the Thompson Reuters news agency, Scott Ehrlich, President of Mind the GAAP, shared his views on the current accounting requirements for share buy-backs. Read the article.
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by Mind the GAAP | Jun 5, 2019 | Leases
Mind the GAAP and Wipfli recently wrote a short letter to the FASB highlighting a potential disclosure quirk affecting private companies adopting ASC 842, Leases, on a cumulative-effect basis. The firms have asked the FASB to issue a narrow scope amendment to address the issue.
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by Mind the GAAP | May 12, 2019 | Leases
Discussions at a recent IFRS Interpretations Committee highlight that international and U.S. practitioners may be interpreting new U.S. GAAP and IFRS leasing guidelines differently.
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by Mind the GAAP | Apr 10, 2019 | Business Combinations
As companies, both public and private, adopt the new guidance in ASC Topic 606, Revenue from Contracts with Customers, certain unexpected practice issues have begun to emerge, including how to recognize and measure deferred revenue liabilities assumed in a business combination.
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