Accounting and Reporting in times of Uncertainties
Surviving businesses still face the possibility of shutdown and doubts about continuing operations. Accurate accounting reports are essential to ensure compliance and meet stakeholder expectations.
FASTalks
CECL Adoption Is Just Around the Corner – Is Your Business Ready?
The CECL model is intended to provide financial statement users with more timely and relevant financial information that is not just based on past events and current conditions but also forward-looking information.
How to get Revenue Recognition right for your SaaS Company
Unlike every other companies, SaaS in particular need to be specially aware of the new updates in revenue recognition due to their subscription-based income streams. It may not be obvious at first glance but the consequences of failing to do so can be steep. The things is, how do you know if you’re doing it right?
Overcoming the Evolving Complexities of Going Public through SPACs
A Special Purpose Acquisition Company (SPAC) is a non-complex publicly-traded company that aims to acquire a private company. Fueled by a sudden upsurge in these transactions in 2020, SPACs have become very popular and extensively leveraged by private companies and investors.
Green Accounting: Emerging updates in the Accounting Industry
As the threat and effects of global warming become more apparent, the need for green accounting is becoming more evident. The impact permeates every aspect and function of an organization, including its accounting. As more businesses shift to green accounting, it’s important to understand what this concept involves and how it affects your accounting function. In this blog, we’ll discuss the emerging ESG updates and how to pivot your company towards it.
How ESG Movement Affects Your Accounting and Financial Reporting
ESG criteria are playing an increasingly important role in business decision-making. From an accounting perspective, it is important to understand how ESG can impact your business. This blog will explore some of the ways in which ESG can affect your financial reporting and offer recommendations on how to stay ahead of this trend.