by Controllers Council | Jul 13, 2020 | Accounting, Legislation
As we discussed in a recent blog, the FASB announced that as a result of the COVID-19 outbreak and the associated lockdowns, the FASB Delayed RevRec and Lease Adoption for Private Companies. As we discussed, “If you had been paying attention to the steps other...
by Controllers Council | Jul 7, 2020 | Accounting
Goodwill. Often a key part of any merger or acquisition, this intangible asset has been the subject of some scrutiny over the past few years. Part of nearly any merger or acquisition, the last few M&A-filled years have resulted in a lot of this showing up on...
by Controllers Council | Apr 24, 2020 | Accounting, Professional Growth
When your job relies on delivering day-to-day or month-to-month success at your firm, one of the biggest drivers of success is knowing when and how to make a decision. Though many things go into this—the right information, a well-supported decision system, and a...
by Controllers Council | Apr 17, 2020 | Accounting, Software
As an important figure in the finance department and a driver of decisions, the controller has a lot on his or her plate—and a lot of ways to tackle it. From analytics solutions to ERP, there are a variety of tools that can be used to better inform the decisions that...
by Controllers Council | Mar 31, 2020 | Accounting, Corporate Finance, COVID-19
Whether it’s due to a work-from-home requirement passed down by state or federal governments, or regularly scheduled vacation time during the summer, business doesn’t stop because a person isn’t in the office. Suppliers still expect to be paid, orders need to be...
by Controllers Council | Mar 11, 2020 | Accounting, Corporate Finance
As part of its continuing efforts to restructure and simplify accounting standards, the Financial Accounting Standards Board (FASB) issued Accounting Standards Codification (ASC) standard 606 (ASC 606). ASC 606 is a framework that enables more consistent revenue...
