by Chess Consulting | May 22, 2023 | Complex Accounting and Risk Management
With the new ASC 842 Lease standard now required for all entities, certain issues have emerged related to the identification and treatment of embedded leases. During the ASC 606 implementation, entities were required to assess their customer and supplier contracts for... by Chess Consulting | May 2, 2023 | Complex Accounting and Risk Management
This Financial Reporting Update highlights key developments and issues that are relevant to Finance and Accounting Professionals. Financial Accounting Standards Board On April 13th, the Financial Accounting Standards Board (FASB) announced the appointment of...