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How New Lease Accounting Rules Can Impact Manufacturing Companies


Private companies will have to comply with the new lease accounting standard for fiscal years that begin after December 15, […]

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Employment Retention Credit for Manufacturing

Coronavirus (COVID-19) Resources, Manufacturing

It comes as no surprise that the pandemic has disrupted the supply chain, which in turn has impaired manufacturing businesses. […]

Revenue Recognition: When Do Manufacturers Have a Right to Payment?


Under the Accounting Standard Codification (ASC 606), Revenue from Contracts with Customers, entities may be required to recognize revenue over […]

Revenue Recognition Consideration for Distributors: Drop Shipments


Last Updated: January 29, 2021 With the Financial Accounting Standards Board’s (FASB) new revenue recognition standard, generally effective for 2019 […]