McClintock Minute


Articles by Jennifer DeBor, CPA

A Revenue Recognition Standard Refresher

By Jennifer DeBor, CPA February 27, 2020

Well over a year has passed since the Financial Accounting Standards Board’s new revenue recognition standard kicked in for public companies while nonpublic companies are adopting the standard for December 31, 2019 fiscal year ends. As we have been evaluating the impact of this standard with our clients, we know…

Statement of Cash Flows Update

By Jennifer DeBor, CPA February 1, 2018

  By Jennifer Debor, CPA The Financial Accounting Standards Board (FASB) issued two accounting standard updates (ASU), ASU 2016-15 and ASU 2016-18, that impact the presentation of an organization’s statement of cash flows.  Both ASU’s are effective in 2019 for non-public entities, or in FASB’s terminology ‘for fiscal years beginning…