The LIBOR Phase-Out: LIBOR vs. SOFR

Corinne Gustafson is an audit intern at Larson & Company. She has done an in-depth study on cybersecurity issues relating to audits.  OVERVIEW A lot of questions have risen in the financial world since the United Kingdom’s Financial Conduct Authority (FCA)...

FASB Approves Proposed Effective Date Delays

FASB Approves Proposed Effective Date Delays Earlier this month the Financial Accounting Standards Board (FASB) approved its August 2019 proposal to delay the effective dates on key standards for private companies, not-for-profits, and certain small public companies....