by Chess Consulting | Dec 4, 2020 | Complex Accounting and Risk Management
Our Financial Reporting Update highlights key developments and issues that are relevant to finance and accounting personnel. Financial Accounting Standards Board The Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) to help... by Chess Consulting | May 27, 2020 | Complex Accounting and Risk Management
The impact of the COVID-19 pandemic has changed the business environment and affected all aspects of business operations. Judgments and estimates now need to take into account these new changes. Management must refocus their judgments and estimates relative to almost... by Chess Consulting | Mar 2, 2020 | Complex Accounting and Risk Management
Many of the areas impacted by ASC 606 have been treated with short-term solutions that are not only inefficient but may conceal key issues. Now is the time to fully assess relevant functions and related processes to identify inefficiencies and opportunities for...