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ADDITIONAL CALCULATIONS: Claire Iacobucci, right, partner and director of audit services at Providence accounting firm Kahn, Litwin, Renza & Co., speaks with June Landry, partner and chief marketing officer. Iacobucci said new reporting requirements for companies leasing assets longer than a year involve more accounting work.
 / PBN PHOTO/MICHAEL SALERNO

Changes afoot on all companies’ balance sheets

Beginning this year, public companies are required to change the way they report leases longer than 12 months on their balance sheets, a move...

Key requirements for reporting cloud-computing expenses

The first half of this column that ran last week outlined some of the new standards released by the Financial Accounting Standards Board for...

FASB releases new accounting standards for reporting cloud-computing expenses

If your company has joined the growing trend of cloud computing or is thinking about it, you need to know about the new accounting...

Begin planning now for new rules on how you report revenue

          New rules for revenue reporting will take effect for all public companies and some nonprofits and employee-benefits plans beginning Dec. 15, 2017, and for...

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