Strategic Finance Focus at Year-End
VCFO
NOVEMBER 1, 2023
Assessing Accounting For entities preparing GAAP compliant financial statements, adoption of Revenue Recognition Standard (ASC 606) and Lease Accounting Standard (ASC 842) is now mandatory. Reviewing the asset register and eliminating assets that have been scrapped. What About Borrowing? Most lenders do not lend money unconditionally.
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