FASB discussed the classification and measurement of financial instruments as well as its principal versus agent project,
The new converged standard on revenue recognition creates a principle-based framework that dramatically affects the way software companies account for revenue.
Hear about how the latest accounting pronouncements and proposals may affect your company.
Read about our related Advisory services:
Service Organization Attestation Reports
Grant Thornton understands how important audited financial statements are to businesses, shareholders/owners, lenders, investors and other stakeholders. We work with some of the country’s most successful private and public companies. Our approach is to first understand the business and the risks it faces, and then to focus our efforts where they matter most. This method is effective and cost-efficient.
Ultimately, we see our audit as more than numbers and compliance. We work with clients to improve their overall financial reporting processes and to help them better understand their business. We also consider it our job to continually inform our clients about accounting, financial and regulatory developments that may affect their business.
Read a detailed summary of a recent technical development or accounting pronouncement.
Check out our weekly update on announcements, meetings and proposals from accounting standards-setting bodies and industry regulators.
Read about the audit committee's oversight approach in this installment from our Audit Committee Guide series.
Jeffrey L. Burgess
National Managing Partner, Audit Services
Phone: +1 704 632 3940
Location: Charlotte, NC
See more at: http://www.grantthornton.com/services/audit-services