Technical Accounting Advisory

Will new accounting standards impact your business? Are you prepared?

Our experts are well-versed in these new, complex standards. DGC can help you understand the new GAAP requirements and assess the capabilities of your company to implement these standards.

Putting together a plan will be a complicated and time-consuming process, and our firm can help you every step of the way. After meeting with us, you will have an adoption and implementation plan that you feel confident about.

Lease Accounting Standard

The new lease standard will present significant changes to the balance sheets of lessees. It will require all leases greater than 12 months in length to be recorded on the balance sheet. Additionally, there are other implementation challenges that every company will need to consider. Read more

Download Our List of Recommended First Steps

Revenue Recognition Standard

The new revenue recognition standard creates a new framework for how all businesses recognize revenue, regardless of industry. It also requires significant enhancements to the financial statement footnotes than were mandated under previous standards. Read more

Perspectives

Get Ready for Upcoming Lease Accounting Changes
Get Ready for Upcoming Lease Accounting Changes 02/15/2019

The effective date of the new lease accounting standard for private companies is quickly approaching – January 2020. Now is the time to consider how you can prepare for the adoption of the new standard. Read more

DGC Insights - January 2019
DGC Insights - January 2019 01/24/2019

From new podcasts to IRS updates, our eNewsletter has information you can use. Read more

How the new lease accounting standard impacts businesses and what you should do to prepare
How the new lease accounting standard impacts businesses and what you should do to prepare 07/19/2018

The new lease standard will present significant changes to the balance sheets of lessees. It will involve a lot of time and resources in order to extract the information needed from leases in order to comply with the new standard. Read more

Podcast: New Revenue Recognition Standard
Podcast: New Revenue Recognition Standard 11/26/2017

Proper Revenue Recognition is crucial to any business, but things are changing. What steps can you take to ensure you’re following the right guidelines? Read more