FASB is delaying the move to ASC 842 but, if you need money, the transition could provide it in some of the lease terms.
The transition to new lease accounting standards provides an opportunity to tap cash you otherwise might not know you have and help your organization survive the downturn, says Matt Waters, lease accounting director at commercial real estate data company Co-Star Group.
And here's another article:
Customers Bank brings back former SVP as chief accounting officer - Central Penn Business Journal
On Wayfair's 2nd anniversary, issues remain | Accounting Today
The Supreme Court's decision in South Dakota v. Wayfair , which removed the physical presence test as a requirement for states to impose sales tax nexus, has altered the sales tax landscape of nearly every state since it was decided two years ago.
On June 21, 2018, the court overturned Quill Corp. v. North Dakota, a 1992 case that imposed the physical presence test on states seeking to collect sales taxes from remote retailers shipping to residents in the state.
CAM Integrated Solutions Appoints Chief Accounting Officer - Odessa American: Business
CAM Integrated Solutions, LLC (CAM), a provider of EPCM services to the onshore oil and gas industry, announced today the appointment of Brian McPherson, CPA, CGMA as Chief Accounting Officer.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200622005047/en/
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Mr. McPherson possesses over 34 years of Finance & Accounting experience within the oilfield, healthcare, professional services, and regulated utilities industries. His areas of expertise include designing and implementing sustainable business processes, leveraging systems to generate meaningful metrics, and developing effective finance and accounting teams.
And here's another article:
The 4 Cs -- cash, compensation, collections and capital | Accounting Today
As firm leaders navigate the pandemic, significant issues are arising around allocating resources, billing and collecting from clients, and making sure the firm has the capital it needs.
First National Realty Partners Expands Accounting Team
RED BANK, N.J. , June 22, 2020 /PRNewswire/ -- First National Realty Partners, a leading private equity real estate firm, is pleased to announce that Lily Choy has joined the team as Head of Property Accounting.
As Head of Property Accounting, Lily will be responsible for overseeing the accounting for the firm's quickly growing commercial real estate portfolio. Lily comes to FNRP with over 25 years of experience in corporate finance with a focus on real estate. In her tenure, she has managed financial operations for Real Estate Portfolios with several million square feet. She attended Pace University and holds two Master of Business Administration degrees in International Business and Finance.
Gentherm Names Jennifer Zoldos as Chief Accounting Officer Nasdaq:THRM
NORTHVILLE, Mich., June 22, 2020 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM ), a global market leader and developer of innovative thermal management technologies, today announced that Jennifer Zoldos will join the Company as its Chief Accounting Officer, effective June 22, 2020.
"I am pleased that Jennifer is joining Gentherm. She brings more than 20 years of experience in the automotive industry where she has demonstrated leadership in the accounting and financial reporting areas," said Anversa. "Her ability to build relationships and drive change will be an asset as we pursue our operational and financial goals."
Progressive Care Changes Independent Public Accounting Firm to Daszkal Bolton LLP
MIAMI, FL, June 22, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE ‒ Progressive Care Inc. ( RXMD ) ("Progressive Care" or the "Company"), a personalized healthcare services and technology company, has engaged Daszkal Bolton LLP as its new independent public accounting firm as it undertakes efforts to transition to reporting under the Exchange Act Reporting requirements.
Effective June 22, 2020, the Company appointed Daszkal Bolton LLP ("Daszkal") as its independent public accounting firm for the Company's fiscal year ended December 31, 2020. The Company's decision to replace Berkowitz Pollack Brant Advisors and Accountants, LLP ("Berkowitz") with Daszkal was approved and authorized by the Board of Directors of the Company upon the recommendation of the Company's Audit Committee.
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