Blogs

ArLyne Diamond

View Instructor Profile | Mar 30, 2020

This is a difficult time for some – and merely a different time for others.  What makes the difference?  Mostly attitude.  You can decide to be uncomfortable or you can use this as an opportunity to catch up on things you don’t ordinarily find time to do.

As companies are scrambling to develop and implement alternative working arrangements for many employees, it is easy to see how maintaining high levels of security over company data could get lost in the shuffle. Hackers recognize the increased levels of vulnerabilities caused by the upheaval with COVID-19 and are ready and willing to take advantage of it.

Vicki Lambert

View Instructor Profile | Mar 20, 2020

The federal and state governments are focusing on providing either tax relief, lost wages relief or updates when employers are affected by the Corona Virus. This may include delaying reporting or allowing for penalty relief. It may also include mandatory sick pay, clarification on current sick pay mandates or changes to unemployment insurance qualifications.

Reliable, comparable financial statements are a key component of high-quality financial reporting.  For financial statements to be considered reliable and comparable they must be free of material misstatements.  Accounting changes in previous financial statements reduce the reliability and comparability

Auditors have varying responsibilities when it comes to client-prepared reports.  The auditor’s role in auditing the financial statements is clear but there are other reports that may require the auditor’s attention as well.

With the current economic climate, it is imperative for companies to have a strong audit committee to provide oversight of the financial reporting and audit processes and to monitor a company’s internal controls and compliance with laws and regulations.  An audit committee is required for all listed pu

The implementation of Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) 842 is one of the most significant changes in accounting in recent history.  This codification replaces Generally Accepted Accounting Principles (GAAP) ASC 840.

ArLyne Diamond

View Instructor Profile | Jan 20, 2020

Are you aware that the laws regarding training to prevent sexual harassment, discrimination, bullying and abuse have changed radically – especially in California?

The Chief Financial Officer (CFO) role has always been one of great importance but the role has actually increased in importance in the past decade, due in large part to the role of digital technology in most companies.  No longer is the CFO role a strictly functional one; the position is considered a strate

In August 2018 the Financial Accounting Standards Board (FASB) issued Accounting Standards Update 2018-15 (ASU 2018-15).  Included in this update is subtopic 350-40 Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement that is a Service Contract