Audited financial statements are reports that are attested by Certified Public Accountants and they provide credibility to both internal and external stakeholders.
Why do we need financial statement audits ?
The follow...[Read More]
Financial statement preparation, compilations, reviews and audits- which is right for your business?
There are many factors that determine the type of CPA certified financial report that may be required for your business. Following are the major reasons why you ...[Read More]
ASC 606 is the new revenue recognition standard that takes effect for most public listed companies in the United States effective January 2018.
Below list has some important information relating to when both public and non-public listed companies will need to adopt the new Revenue Recogn...[Read More]
What is revenue recognition?
Revenue is one of the most important measures of financial performance in a business. Currently, US GAAP has complex, detailed revenue recognition requirements for specific industries and accounting transactions. As a result, various industr...[Read More]