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News and Publications from MHM

Understanding the Leasing Standard: Part 5 - Transitioning to the New Standard

Was a Business Acquired? Updates to the Definition of a Business

Several Small Updates Made to the Revenue Recognition Standard

Several small scale updates were recently made to ASC Topic 606, Revenue from Contracts with Customers. The technical changes will be effective upon adoption of the new revenue recognition standard.

SEC Staff Reiterates Announcements Regarding Disclosures Related to Recently Issued Accounting Standards

SEC staff recently stressed the importance of making disclosures under SAB 74, particularly in regards to upcoming accounting standards updates to revenue recognition, leasing and credit loss impairment.

Does Early Adoption of an Accounting Standard Make Sense for Your Company?

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