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Posts tagged GAAP

FASB Approves New Standards and a Proposed Effective Date Delay

FASB Approves New Standards and a Proposed Effective Date Delay

FASB, Business Owners, Financial Reporting, NonprofitsThe Doty GroupJune 10, 2020FASB, Financial Accounting Standards Board, Convertible Debt Instruments, Nonprofit, Nonfinancial Assets, Gifts-in-kind, GAAP, Insurance Companies, Financial Services, Long-Duration ContractsComment

Important Changes due to the Revenue Recognition Standard

Important Changes due to the Revenue Recognition Standard

Learn about the changes to the accounting standards relating to how and when organizations record revenue.

The Doty GroupMarch 5, 2020Revenue Recognition Standards, GAAP, Accounting Services, Audit, Financial Planning, Tax, Investor Relations, Construction Industry, EmployersComment

How Can Auditors Maintain Independence When Advising Clients on New Standards?

How Can Auditors Maintain Independence When Advising Clients on New Standards?

To what extent can auditors provide advice to clients who may be panicking or having a difficult time understanding intimidating new FASB standards?

Business Owners, From The Doty Group, ServicesSarah GrayJanuary 6, 2020AICPA, Attestation, Audit, FASB, GAAP, Private CompaniesComment