This webcast will delve into the details of GASB 96, the subscription-based information technology arrangements (SBITA) standard.
Financial statement preparers should consider the impact of new tax laws and regulations on income tax calculations and disclosures in their 2022 financial statements.
Our whitepaper explains contracts within the scope of Topic 842, as well as a lessor's accounting under ASC 842 for its contracts that are (or include) leases.
The FASB tentatively decided to allow lessees that are not PBEs to make the risk-free rate election by class of underlying asset.
ASU 2021-05 addresses the accounting for a lease with variable lease payments that do not depend on a reference index or a rate.