2023 Accounting & Audit Update
During our annual Accounting & Audit Update, professionals in our audit and assurance practice covered a wide range of topics to help plan for the year ahead, including:
- Pertinent economic and accounting industry updates
- Updates from the Professional Ethics Executive Committee
- Post-implementation tactics for lease accounting under Topic 842
- Details on how to apply Accounting Standards Updates (ASUs) effective for Dec. 31, 2023 calendar year end
- When to consolidate a Variable Interest Entity (VIE)
- Miscellaneous standards updates
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