There have been sweeping changes made to the guidance for revenue accounting within ASC Topic 606 by the Financial Accounting Standards Board (FASB) as part of a convergence project with the International Accounting Standards Board (IASB). Those changes come into effect January 1, 2019 for all non-public companies including homeowners associations, condominiums and cooperatives. Because the revenue recognition standard will eliminate the transaction- and industry-specific revenue recognition guidance included in current GAAP and replace it with a principle-based approach, it is important for management companies to gain an understanding of the standard and how it may impact the entity’s revenue recognition.
UHY Advisors, Inc. and UHY LLP (UHY) today announced that it has expanded its office in the Mid-Atlantic region through its merger of the professional services firm Berman Goldman & Ribakow LLP (bgr CPAs), located in Columbia, Maryland. The merger was effective December 3, 2018.
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Tuesday January 29 2019 | 8:00 to 10:30 AM
Loyola University Maryland - Columbia Graduate Center
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