Withum

JANUARY 12, 2024

Obtaining a PPA is important for several reasons, particularly the following: Accurate Financial Reporting PPAs ensure that the financial statements of the acquiring company accurately reflect the fair value of the assets and liabilities acquired in the business combination.

Real Estate 75

Real Estate accounting standards financial statements accounting principles 75

inDinero Accounting

JUNE 29, 2023

Accrual Accounting is a vital component of Generally Accepted Accounting Principles (GAAP). Understanding the principles of GAAP accrual accounting can be challenging and daunting; however, with the right guidance, it can be achieved. What are Generally Accepted Accounting Principles (GAAP)?

accrual accounting 98

accrual accounting accounting principles accounts payable accounting standards 98

Withum

OCTOBER 20, 2022

The new lease accounting standards under ASC 842 were effective for private companies beginning January 1, 2022. These new standards require companies to record substantially all leases on their balance sheets and will affect real estate leases for both tenants and landlords. Author: Lauren Riso | lriso@withum.com.

Real Estate 78

Real Estate Account accountant accounted 78

inDinero Accounting

APRIL 30, 2021

Mission-based organizations in compliance with Generally Accepted Accounting Principles (GAAP) should prepare these financial statements: Statement of Financial Position (Balance Sheet) provides a picture of the NFP’s assets and liabilities. The nonprofit term for the financial statement makes it explicit.

accounting standards 67

accounting standards accounting and finance bookkeeping financial statements 67

Basis 365

AUGUST 4, 2023

However, with the rise of SaaS, new accounting challenges have emerged, requiring careful navigation to ensure accurate financial reporting and compliance with accounting standards. Here we'll explore the top accounting issues faced by SaaS companies and how they tackle these complexities.

Account 52

Account accountant accounted accounting principles 52

Basis 365

AUGUST 4, 2023

However, with the rise of SaaS, new accounting challenges have emerged, requiring careful navigation to ensure accurate financial reporting and compliance with accounting standards. Here we'll explore the top accounting issues faced by SaaS companies and how they tackle these complexities.

Account 52

Account accountant accounted accounting principles 52

Cherry Bekaert

FEBRUARY 8, 2023

Standard setters were relatively inactive this past year. The Financial Accounting Standards Board (FASB) issued only six new Accounting Standard Updates (ASUs) and the Government Accounting Standards Board (GASB) issued only three new GASB Statements in 2022.

Non-Profits 40

Non-Profits income tax Government Account 40