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.
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.
OVERVIEW Timely, relevant, and accurate information – it is what every company desires.
Boston, July 19, 2016 | CFGI is pleased to announce the addition of Harry Ozkaya, Director of IT Risk Advisory, to its leadership team.
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”).
The Financial Accounting Standards Board, through the Joint Transition Resources Group for Revenue Recognition (TRG), continues to address challenges identified in implementing and applying the new revenue standard.
OVERVIEW Long gone are the days when a signature and date on an account reconciliation was sufficient to satisfy the documentation and evidence requirements of a SOX audit.
Boston, MA, March 16, 2016 | CFGI is pleased to announce the relocation and expansion of the firm’s Boston, Massachusetts headquarters.