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How Can We Guide You?

Cherry Bekaert

Guidance

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Article

FASB Moves Forward with Simplifying Debt Classification Guidance

At its September 13 meeting, the Financial Accounting Standards Board (“FASB”) wrapped up talks ...

September 20, 2017
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Article

James Doty to Step Down as PCAOB Chairman, Will Help with Transition

James Doty, current chairman of the Public Company Accounting Oversight Board (“PCAOB”) of the S...

August 17, 2017
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Article

COFAR Updates Frequently Asked Questions Document on Uniform Guidance

The Council on Financial Assistance Reform has issued a revised frequently asked questions (“FAQs...

August 15, 2017
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Article

Use of Cost Realism in Proposal Evaluations

By: Curt Smith, Manager, Government Contractor Services Group When negotiating a contract price, the...

July 21, 2017
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Article

FASB Aims to Eliminate Guidance for Bad Debt Reserves Regarding Savings and...

A new Financial Accounting Standards Board (“FASB”) proposal seeks to replace out-of-date deferr...

July 05, 2017
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Article

GASB Statement 85 Addresses Various Practice Issues

The Governmental Accounting Standards Board (“GASB”) has issued GASB Statement No. 85, Omnibus 2...

March 24, 2017
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Article

FASB Amends Guidance for Reporting Pension Costs

Later this year, some companies will be required to change the way they present expenses related to ...

March 13, 2017
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Article

ASBCA Holds that Leases are not Necessarily Subject to CAS 404

In Exelis, Inc., ASBCA No. 60131 (29 Aug. 2016), the Armed Services Board of Contract Appeals (“AS...

January 19, 2017
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