PYMNTS

SEPTEMBER 24, 2018

For many, the mistakes were discovered when corporate finance teams were changing accounting paperwork to comply with the new U.S. tax law and revenue accounting rules. Camping World Holdings, for example, had to file a restatement after it incorrectly recorded a deferred tax asset related to its acquisition of a 41.7

Numbers 68

Numbers Accounting Accounting Principles Corporate Finance 68

PYMNTS

JUNE 10, 2019

Reports in The Block Crypto late last week said a group of California CPAs has sent a letter to the Financial Accounting Standards Board, a federal board that sets Generally Accepted Accounting Principles (GAAP), requesting that it consider establishing a task force to address a lack of clarity in cryptocurrency accounting standards.

Accounting 51

Accounting IFRS GAAP Accounting Standards 51

PYMNTS

MARCH 6, 2019

While these narratives are important for firms to explain complex ideas that may not be entirely understood solely through accounting numbers, Wang noted they can promote a lack of transparency, too. ” Meanwhile, previous research from Audit Analytics has also revealed that the number of accounting errors among the U.S.’s

Corporate Finance 55

Corporate Finance Finance Accounting Standards Accounting Principles 55