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  • ASU-2017-01 -- FASB Clarifies Definition of a Business

    Jun 30, 2017

    In response to feedback that the definition of a business in ASC 805 is applied too broadly, the FASB recently clarified the definition of a business by adding guidance to assist entities with evaluating transactions.

  • ASC Topic 842 Leases Overview

    Apr 3, 2019

    The Financial Accounting Standards Board (FASB) issued ASC Topic 842, a new lease accounting standard that fundamentally changes the accounting guidance governing substantially all leases, including equipment and real estate leases.

  • Compensation Considerations and Strategies in the Life Sciences Industry

    Feb 17, 2022

    A recap of a recent roundtable discussion focused on the important role compensation/human capital plays in helping companies in the life sciences industry achieve their goals.

  • FASB Issues ASU 2017-09 Which Clarifies Accounting for Modifications of Share-Based Payment Awards

    Jul 6, 2017

    FASB recently issued ASU 2017-09, Scope of Modification Accounting, to clarify which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting under ASC 718.

  • FASB Issues ASU 2017-04 to Simplify Goodwill Impairment Test

    Jul 5, 2017

    The FASB recently issued ASU 2017-04 to simplify how an entity is required to test goodwill for impairment and should recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value.

  • #ConversationsCan Propel Your Startup Forward

    May 16, 2022

    Winners at the recent TiE50 pitch competition, an annual Silicon Valley event for technology startup founders, had some fun sharing their insights on what is key to success.

  • ESG in Life Sciences

    May 13, 2022

    A recap of “The New CFO Imperative -- ESG,” a roundtable we held focused on the importance of sound ESG policies.

  • All Aboard! Illinois Employers Required to Catch a Train or Bus

    Oct 10, 2023

    A newly-mandated law will require many Chicago-area businesses to provide pretax public transit benefits—which could add a tax burden for employers. 

  • Can U.S. Embassy Employees Claim the Foreign Tax Credit?

    Nov 27, 2023

    Generally, U.S. government employees working abroad are not required to pay foreign income taxes. However, in those situations where they do have a foreign income tax liability, claiming the foreign tax credit can result in significant U.S. tax savings.

  • 16 Ways the New Tax Law May Impact Technology and Life Science Companies

    Sep 11, 2018

    The recently enacted Tax Cuts and Jobs Act provides both challenges and opportunities for the technology and life science sector, and all 2017 financial statements will need to reflect the new tax rate and all other effects of the new tax rules.

  • What Tech Entrepreneurs Are Asking Their Business Advisors

    Jan 26, 2018

    The technology sector certainly has its own pace, nuances and challenges. EisnerAmper’s Dave Plaskow asked John Pennett, the partner-in-charge of EisnerAmper’s Technology Group, about the three questions tech entrepreneurs ask him the most.

  • The Difference Between Capitalizing Internal- and External-Use Software

    Oct 17, 2024

    Learn the key differences between capitalizing internal-use and external-use software. Explore amortization, cost capitalization, and impairment for software under GAAP and ASC 985-20 and ASC 350-40.

  • Newspapers Want to Bargain Collectively with Google and Facebook

    Jul 13, 2017

    The News Media Alliance (NMA) is appealing to Congress for a limited anti-trust exemption in order to bargain collectively with the 'digital de facto duopoly' regarding e-business models, revenue distribution and intellectual property protections.

  • Are You Ready for Connected Devices in the Workplace?

    Jan 11, 2018

    Amazon has announced an Alexa for Business platform as an extension to its voice-activated virtual assistant software. This reflects the natural evolution of the underlying technology, as well as a slight pivot from a saturated consumer market.

  • The Drone Wars

    Sep 12, 2017

    The future of drones filling the skies seems close; however, regulation of drones is falling behind and there are privacy/safety concerns. The demand for anti-drone technology to monitor and defend against unwelcome drones is heating up.

  • Congress Proposes Internet of Things Legislation

    Aug 15, 2017

    In the aftermath of the Mirai botnet strike, Congress is taking an important first step - a bipartisan bill - The Internet of Things Cybersecurity Act of 2017. The bill provides the following security stipulations for IoT devices purchased by the U.S. government.

  • Why Are Tech Giants Flocking to the Hawkeye State?

    Sep 7, 2017

    Apple has announced the building of a pair of data centers in Iowa. The facilities will use 100% renewable energy and hope to be in operation by 2021. So why Iowa?

  • Drone Racing League Gets Influx of Capital

    Jun 21, 2017

    The Drone Racing League raised $20 million during its recent series B round of fundraising. Drones are being employed in a variety of sectors such as real estate, law enforcement and others. This now adds sports and entertainment to the list.

  • The Technology Behind Pokémon Go

    Aug 1, 2016

    If you’ve seen people bumping into things or wandering into the street while holding their smartphones, chances are they’re playing Pokémon Go. What is the technology behind Poké Stops and using Poké Balls to capture colorful, exotic characters? Daily use is twice that of Facebook.

  • Hyperloop to Debut in United Arab Emirates?

    Aug 23, 2016

    Hyperloop One and DP World, the third-largest terminal operator in the world, agreed to do an economic feasibility study on how to deploy their system at Dubai's Jebel Ali Port, possible with a submerged, floating hyperloop system for cargo.