Is your company being transparent about contingent liabilities? In today’s uncertain conditions, reporting contingencies can be challenging. Here’s a refresher on the accounting rules for disclosing and estimating expected losses.
Articles by Lydia Hunter
Lydia Hunter is a Senior Manager at BeachFleischman. She has performed numerous audits and reviews of governmental and nonprofit organizations and privately held businesses.
Industry Experience
Related Services
Goodwill in a bad economy
Internally generated goodwill isn’t on the balance sheet. But acquired goodwill is another story. Do you know the rules for reporting acquired goodwill and subsequently testing it for impairment? This is a hot button for many organizations today.
Let your financial statements guide you to optimal business decisions
Your financial statements might seem like so many numbers organized into rows and columns, but they could very well hold the data points you need to make the right moves this year.
