Accrual vs. Cash Accounting: When Businesses Must Use Accrual

Discover when businesses must use accrual accounting and how it differs from cash accounting. Learn why it's essential for ...

Understanding Accounting Changes: Principles, Estimates, and Impact

Discover what accounting changes are, how they affect financial statements, and why full disclosure is essential for ...
JD Supra

A New HIPAA Accounting Rule on the Horizon?

Under HIPAA, patients have a right to information about certain disclosures, referred to as an accounting. Under the current iteration of the regulations, covered entities and business associates need ...
Accounting Today

Streamlining the new fair value disclosure requirement

A new Financial Accounting Standards Board disclosure requirement makes several material changes to U.S. GAAP. New requirements for determining the fair value disclosure of financial institutions’ ...
JournalofAccountancy

Technology issues to consider in lease accounting

With the new Financial Accounting Standards Board (FASB) lease accounting standard — Accounting Standards Update (ASU) No. 2016-02, Leases (Topic 842), many companies are grappling with the transition ...