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Digitize Data: Be Audit Ready for Revenue Recognition or Leasing Changes
June 4 / Blog
Once data is digital it becomes easier to transfer, access, and make it mobile giving auditors the ability to assess risk differently--seeing trends and things going on in the clients business that would normally have taken a more detailed understanding to uncover.
New Leasing Standard “Devil’s in the Detail”
May 21 / Blog
In February 2016, the Financial Accounting Standards Board issued ASU 2016-02 Leases (ASC 842). ASC 842 brings most leases onto the balance sheet creating a right-to-use asset and a lease liability. The new standard will also require additional disclosures.
No Simple Story About Tax Bill's Impact on States
April 4 / Articles
The impact on states of recent federal tax reform is still being considered. In this article, The Pew Charitable Trusts’ Phil Oliff discusses how state policymakers will need to consider the impact from their linkage to the federal tax code, and the limitation on the deduction for state and local taxes.

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