FASB

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Member's Profile
Steve Jackson
Title: Consultant
Company: RoseRyan
(Consultant at RoseRyan)
While large valuation acquisitions of entire companies (for example, Facebook acquiring WhatsApp for $19 billion) grab the headlines, the majority of the acquisitions are for just a...
Member's Profile
Chris Shumate
Title: Corporate Accountant
Company: Redline Contract Services, LLC
(Corporate Accountant at Redline Contract Services, LLC)
Revenue recognition as it relates to the FASB has been a topic for quite a while. I work in the construction industry which is slated to have a very big change in the way its revenue...
Member's Profile
Kelley Wall
Title: Director
Company: Connor Group
(Director at Connor Group)
After more than a decade in the making, the FASB and the IASB finally issued new revenue recognition rules. Now if the boards needed that kind of a runway, how hard will it be for...
Member's Profile
Jim Brendel
Title: Partner
Company: Hein & Associates LLP
(Partner at Hein & Associates LLP)
Two little known FASB changes help start-ups, real estate and oil and gas companies I’m a CPA, and I’m here to tell you financial reporting became simpler and easier to use...
Member's Profile
Crystal Reece
Title: Accounting Coordinator
Company: Community First Solutions
(Accounting Coordinator at Community First Solutions)
I am hoping someone can give me some guidance on a what is right when it comes to g/l transactions and contracted terms. We have a revenue contract to charge cost for a particular...
Member's Profile
Daniel Berube
Title: Controller
Company: Tensoft, Inc
(Controller at Tensoft, Inc)
On May 28th the FASB and IASB issued the combined revenue recognition standard due to be effective for the first interim period within annual reporting periods beginning after December...
Member's Profile
Stephen Ambler
Title: Director of Service & Delivery
Company: RoseRyan
(Director of Service & Delivery at RoseRyan)
Having been involved in accounting for over 30 years, I have seen quite a few changes in accounting requirements, all enthusiastically introduced to “help the reader understand...
Member's Profile
Diana Gilbert
Title: Senior Consultant
Company: RoseRyan
LinkedIn Profile
(Senior Consultant at RoseRyan)
We’ve been hearing about it for years. Finally, the result of the joint project between the FASB and the IASB to update and consolidate accounting standards for revenue...
Member's Profile
Jane Levin
Title: Corporate Controller
Company: Private
(Corporate Controller at Private)
What is the difference between IRC 409a and FASB ASC 718? And for a U.S. c-corp do I need to worry about ASC 718?
Anonymous Member
Anonymous
(Finance/Accounting Manager)
Hello, I am looking for some feedback as it relates to the accounting for crowd-funded projects. I am the only accountant at a small start-up in San Francisco that just completed a...