ESOPs can be a great strategy for employers to reward employees for years of dedication or for a business succession plan for departing owners.
CFMA Educational Series: Accounting Update for Contractors
We’re just 1 week away, don’t forget to register for this annual event! This year, we’ve got an excellent lineup that will provide a comprehensive update on: Revenue Recognition; What Contractors Need to Know Construction Recruiting & Compensation Update Impact of Tax Reform on Contractors Evaluating Contractors’ Financial Statements If you have had some exposure to the changes in revenue …
5-Step Model For New Revenue Recognition Standards
The Financial Accounting Standards Board’s (FASB) update to revenue recognition is going to impact nearly everyone across all industries. But what are these new standards and why won’t your accountant stop talking about it? When it comes to the new revenue recognition standards, here’s the gist of it: Accounting Standards Update 606 (ASU 606) deals specifically with recognizing revenue from …