Tips for lease accounting implementation

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Tips for lease accounting implementation

When General Dynamics Mission Systems started implementing FASB's new leases standard, Adena Lerner was told it would take hours to extract the information from each lease that is needed to comply with the standard and add it to the accounting system. “That held true,” said Lerner, the controller
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Trump's Push to Fire Mueller Heightens Political, Not Legal, Risk

Donald Trump is facing a potentially awkward interview with Special Counsel Robert Mueller: A topic hovering over the encounter is likely to be the disclosure the president was considering firing Mueller as he probed Russian interference in the 2016 election. Trump's desire to dismiss Mueller last June,
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Pass-throughs just got much more complicated

“Code Section 199A will keep accountants busy,” she observed. “Individual taxpayers will have to decide what trade or business they are in, and decide if it is a specified service or not. If they happen to have more than one trade or business, they have to sort out the accounts for each and separate the
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DoJ, SEC probe Apple over slowing older iPhones: Bloomberg

DoJ, SEC probe Apple over slowing older iPhones: Bloomberg. Tuesday, January 30, 2018 1:46 p.m. EST. An iPhone 6S Plus is seen at the Apple retail store in Palo Alto, California September 25, 2015. REUTERS/Robert Galbraith. (Reuters) – The U.S. Department of Justice and Securities and
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Asian shares decline on softer Wall Street lead; dollar edges up

Asian indexes traded lower Tuesday, tracking declines seen on Wall Street in the previous session. Tokyo's benchmark Nikkei 225 index fell 1.43 percent, or 337.37 points, to close at 23,291.97.
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