Financial Reporting

Featured Articles

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February 19, 2018 

Whatever You Do, Do NOT Forecast!

I resigned recently from the role as a VP on a NASDAQ listed company. We spent our lives forecasting. Wall Street wanted to know exactly what we were going to do the next quarter and year and preferably the next ten years! They were ruthless.

 IFRS Taxonomy Guide for Companies Now Available

December 18, 2017 

IFRS Taxonomy Guide for Companies Now Available

The IFRS Taxonomy facilitates the digital creation and consumption of financial information. It improves investors’ access to financial information by listing and defining specific codes, or elements, that can be used to tag items of data.

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August 18, 2016 

Fraud Examples Demonstrate Need for RIVIO Clearinghouse

The new RIVIO Clearinghouse (see accompanying article) is a solution to a problem of financial hijinks with which you might not be familiar. After all, most CPAs perform their services ethically and expect their clients to represent their financial ...

Gail Perry

 New FASB Update to Enhance Tax Disclosure Requirements

August 2, 2016 

New FASB Update to Enhance Tax Disclosure Requirements

The proposed ASU is part of the FASB’s broader disclosure framework project to improve the effectiveness of disclosures in notes to financial statements by clearly communicating the information that is most important to users of a reporting ...

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July 26, 2016 

Report Focuses on New Accounting Model for Leases

Leasing is an important source of financing for many entities in the United States and around the globe. Many entities enter into leasing arrangements to gain access to assets, obtain financing, or reduce exposure to the risks of ownership of an asset.

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