Mind the GAAP is generally supportive of the proposed amendments to simplify the accounting for nonemployee share-based payment transactions. However, we believe that the proposed standard should address a specific practice issue we see at many of our clients.
Scott Ehrlich from Mind the GAAP shares his views on how the new revenue guidelines in ASC 606 can affect executive compensation programs.
We are generally supportive of the Proposed ASU. Each reporting entity is unique and should be allowed to exercise discretion in determining which disclosures are most meaningful and relevant for the primary users of its financial statements…
At its November 2015 meeting, the FASB’s Emerging Issues Task Force (EITF) reached tentative conclusions on eight of the nine issues relating to the classification of certain cash receipts and payments on the statement of cash flows…
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…