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BDO Example ASC 606 Adoption Timetable

This timetable example covers: 1) Understanding, Scoping and Planning 2) Technical Analysis and Assessment 3) Testing and Implementation 4) Financial Reporting and Disclosure 5) Post Adoption

ASC Topic 606 – Revenue from Contracts with Customers

A practice aid from BDO’s National Assurance Practice that discusses revenue from contracts with customers being recognized based on the application of a principle-based ‘five step’ model: Identify the Contract Identify the Performance Obligations Determine the Transaction Price Allocate the Transaction Price to Each Performance Obligation…

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BDO Knows: PCC – January 2014 Newsletter

Topics include: Definition of a Public Business Entity Accounting for Goodwill Accounting for Certain Receive-Variable On the Horizon Frequently Asked Questions

BDO Assurance Newsletter Fall 2012

In this newsletter, get up to speed on the following accounting reporting topics and hear the latest from the PCAOB, SEC & IASB. Download the full newsletter at the bottom of the page. Emerging Issue Task Force (EITF) Issue No. 12-A Statement of Cash Flows (Topic 230)…

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Assurance Newsletter Spring 2012

Dig into the details surrounding: Financial Accounting Standards Board (FASB) proposed and final guidance and other activities including the recent developments of the FASB and IASB’s joint efforts to work towards convergence of US GAAP and IFRS. Public Company Accounting Oversight Board (PCAOB) proposed guidance Security Exchange Commission…

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BDO Knows: FASB February 2010

The Newsletter from BDO’s National Assurance Practice Revised Revenue Rules May Change the Way You Do Business Executive Summary For many entities, sales arrangements are often characterized by transactions with multiple deliverables. For example, in the technology industry, hardware, software, and professional services may be…

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