Spreadsheet Controls

Best Practices for Controlling Spreadsheets

As companies design and implement financial reporting and operating controls – they often overlook one of the more ubiquitous areas, spreadsheets. Spreadsheets offer an easy, readily available and simple solution to financial analysis and reporting. However this seeming simplicity often masks the risks to data integrity from design deficiencies and user errors and explains why […]

Revenue Recognition Alarm

Revenue Recognition Standards – Are You Ready?

One of the broadest changes to US (and international) accounting GAAP is upon us. The new Revenue Recognition requirements (FASB/ASC 606 & IFRS 15) take effect as soon as January 2018 for calendar year-end public companies, and January 2019 for all others (Non-Public/Not for Profit). Sound the alarm because this is a big deal.   […]