by Controllers Council | Sep 28, 2020 | Accounting, Legislation
You know the drill. The FASB introduces a new code. Most companies procrastinate or hesitate to implement it. The changes go live. You make the necessary changes and ask yourself, “why did we wait so long to adopt the changes?” After ASC 606 left companies scrambling...
by Controllers Council | Sep 25, 2020 | Accounting
As someone who has cut his or her teeth in the world of accounting, you probably see yourself as something of an Excel master. Many accountants grew up using Excel, and continue to use it every day for calculations, graphing, pivots and more. But even experienced...
by Controllers Council | Sep 16, 2020 | Accounting, Events
2020 has presented businesses with a tumultuous experience. Outbreaks, lockdowns, volatility, and uncertainty have been the name of the game for leaders—and we’re not out of the woods. The next few months will bring about a lot more tension and tumult as companies...
by Controllers Council | Sep 14, 2020 | Accounting, Corporate Finance
The monthly close—it’s one of those processes that is time-consuming, inaccurate, and somewhat tense. But how much is it costing you, and how much is it standing between your business leaders and the visibility they want? According to analysts and experts in the...
by Controllers Council | Aug 26, 2020 | Accounting, Cloud, Software
You hear a lot of talk about digital transformation, cloud computing, and the like. Well known and relatively well understood, these are well-researched and discussed ad nauseum by technology companies and analysts. But what’s next? It’s a question on a variety of...
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...
