What is your company planning on disclosing regarding the impact of adopting ASC 606?
The SEC indicated in a speech in December that they expect more substantial disclosures in 10-Ks on the impact of ASC 606 and companies’ progress.
Are you prepared for year-end?
With year-end close just around the corner, CFGI has assembled a few best practice tips to manage your year-end close and audit process.
Are you ready for the Amendments to Share-based Compensation Guidance?
Beginning January 1, 2017, Public companies will need to implement the amendments to the share-based compensation guidance contained in the FASB’s issuance of ASU No.
Planning for the Recently-Issued Cash Flow Classification Guidance (ASU 2016-15)
In August 2016, the FASB issued ASU 2016-15, Clarification on Classification of Certain Cash Receipts and Cash Payments on the Statement of Cash Flows, to create consistency in the classification of eight specific cash flow items.
SEC Updates its Interpretations on the use of Non-GAAP Financial Measures
HOW WILL IT IMPACT YOUR ORGANIZATION? On May 2016, the SEC staff updated its Compliance & Disclosure Interpretations (“C&DIs”) regarding the rules and regulations on the use of non-GAAP financial measures.
Information Quality – Where Does Your Company Stand?
OVERVIEW Timely, relevant, and accurate information – it is what every company desires.
CFGI Deepens its IT Governance, Risk, and Compliance Expertise with New Leadership
Boston, July 19, 2016 | CFGI is pleased to announce the addition of Harry Ozkaya, Director of IT Risk Advisory, to its leadership team.
Planning for changes to the Financial Instrument Accounting (ASU 2016-01)
On January 5, 2016, the FASB issued ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities, to address certain aspects of recognition, measurement, presentation and disclosure of financial instruments that are marked to fair value and reported as available-for-sale (“AFS”).