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Non-financial institutions have unique circumstances to consider when complying with the CECL impairment model.
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Check out some specific technology needs that companies should assess when considering whether to become an SEC registrant.
The Agile Manifesto was published in 2011 as a method for software development. For nearly twenty years, project managers have engaged in debates regarding the practical application of a true Agile approach in a space that has been dominated by the…
Visual Lease, a lease accounting and lease management system company and one of FORVIS' strategic alliance vendors, offered a webinar in February 2022 on Best Practices for an Effective Lease Data Strategy. Repeated themes were getting ahead of your…
The purpose of this document is to illustrate a comprehensive example of how to transition from current GAAP (ASC 840) to the new lease accounting standard (ASC 842). This example uses a single lease example, rather than a portfolio of leases, to…
2021 marked the first full operating year of the global Covid-19 pandemic, and with it, came many challenges, the navigation of which provided the foundation for what Chief Financial Officers (CFOs) and their teams will build upon during 2022. The…
Location. Location. Location." Not only is that philosophy important when it comes to buying a house, it is equally relevant for businesses adapting their office location strategy to the realities of the COVID-19 pandemic. While most industries have…
These are exciting times for your enterprise! You've been acquired by a SPAC to become a public company, and proceeds are in hand. The negotiations and business combinations are behind you, and your securities have been registered. Along the way you…
Chief Financial Officers (CFOs) are feeling pressure to report on more financial data in a shorter period to fit multiple purposes. This pressure stems from new accounting standards, increased regulation, a volatile business environment and…