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Six Accounting Updates You Don’t Want to Forget for Year-End
Posted by Joyce Masse Troy on Wed, Dec 6, 2017 @ 04:51 PM

Now is the time to get your financial reporting in order for year-end. Several major accounting standards took effect in 2017, and you will want to make sure you're prepared for them. Some of the changes may require updates to processes and controls as well as internal and external year-end reporting.

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Topics: Joyce Masse Troy, financial reporting, accounting standards update, accounting standards, Accounting Updates, Joyce Troy

Does Early Adoption of an Accounting Standard Make Sense for Your Company?
Posted by Paul Languirand on Tue, Mar 14, 2017 @ 07:04 AM

Many recent accounting standards updates (ASUs) have been written to simplify or clarify U.S. generally accepted accounting principles (GAAP) and have permitted early adoption. Early adopting some of these ASUs could streamline processes for the closing of year end and preparation of financial statements.

Our publication, Accounting Updates that Impact 2016 Financial Reporting, contains information about standards that are required to be adopted for year-end December 31, 2016 financial statements of both public and private companies.

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Topics: ASU, Paul Languirand, accounting standards

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