by controllers | Aug 26, 2020 | Legislation, Uncategorized
As we’ve discussed previously, while the Paycheck Protection Program has given many businesses a lifeline to keep running in the wake of government lockdowns, the upcoming period in which businesses apply for forgiveness may create challenges or blind spots for...
by controllers | Aug 25, 2020 | Legislation
FASB, SEC, FTC, and… SASB? For controllers, this new set of standards may not feel familiar, but those looking at the future may need to look to these new standards for advice. Today, we look at a few things you should know about the Sustainability Accounting...
by controllers | Aug 20, 2020 | Legislation, Tax
If you hadn’t seen the news announced earlier this month, President Trump signed an Executive Order on August 8 to break the stalemate in Congress. Though offering a much broader continuation of benefits released under the CARES Act, one of the key provisions was one...
by controllers | Aug 7, 2020 | Legislation
The last few months have been… interesting. From the coronavirus outbreak to some of the largest stimulus packages in existence, controllers at many organizations have had to make a variety of tough decisions to keep their business moving forward. However, as this all...
by controllers | Jul 31, 2020 | Audit, Legislation
Hailed as one of the biggest changes to accounting in decades (or at least since ASC 606), The Lease Accounting Standard, also known as ASC 842 was a marked change in the way that leases are reported. According to a recent report from LeaseQuery and Encoursa, the move...
by controllers | 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...
