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Anyone take FAR recently? Taking tomorrow
Any 40F interested in connecting?
Additional Posts in Accounting
Stop comparing success.
How hard is the CFE exam? Worth the price?
Craziest inventory count stories, go
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When I get done charging clients to help them figure it out.
Job security
I wonder if FASB is purposely making standards complex to provide job security for accountants by ensuring we dont get replaced by AI lol.
Apparently, we're having the conversation right now
ASC 606 made sense in an attempt to converge revenue on a global basis.
Lease standard was the dumbest one yet. 606 changed recognition. Lease standard did nothing except make it easier for idiots who couldn’t read FS to ask questions about information that already existed.
As a matter of practice, ASC 842 is perhaps the dumbest standards change in the past decade or so. Conversely, asinine shit like that helps us maintain our lifestyles of moderate comfort!
Every major new standard has been that way recently
As usual, standard setters trying to justify their existence