Author: Michaela McGinn
Oct 27, 2020
Episode 256: Audit Nightmares: The Keys To Success Or Failure
Wondering how you will survive an audit on your business? Michaela shares some audit horror stories and offers some keys to success.
Jul 17, 2019
Ready Or Not … It’s Time For Implementation
The Financial Accounting Standards Board issued Accounting Standards Update No. 2014-09, which requires companies to take a closer look at revenue from contracts with customers. Read on to find out what this means.
Jun 5, 2017
episode 84: get unstuck: breaking down the affinity bias culture in your business
Your comfort zone is holding you back … and you might not even know it. While our comfort zones offer reassurance and stability, that’s the only benefit. If you’re not challenging yourself to try new things or meet new people, you’re never going to achieve the personal and professional growth you desire. The unconscious preference … Continued
Aug 7, 2014
Revenue Recognition Changes Are Coming
Don’t get too comfortable with your current process for recognizing your business’s revenue. Thanks to the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB), a principles-based standard on revenue recognition has been finalized. Under this new standard, companies in all industries will recognize revenue from customer contracts using a five-step model. This … Continued