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ASC 842: Private Companies On The Clock After Delay [Audio]

Dave Loucks, Director in Opportune LLP's Complex Financial Reporting practice, discusses why private companies need to prepare now in order to comply with the impending ASC 842 lease accounting standard slated to go into...more

ASC 842: Implementing The New Lease Accounting Standard

In 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-02, Leases. This new lease accounting standard (ASC 842) significantly impacts how private and public businesses across...more

Why Communication Between Reserve Engineering, Accounting & Boards Ensures Sound Corporate Governance

Find out why improved communication between reserve engineering, accounting, and boards of directors ensures sound corporate governance....more

After FASB Delays Accounting Standards, Here’s What Private Companies Should Be Doing Now

The FASB may have delayed implementation of the Leases standard (Topic 842) for private companies, but here's what companies should be doing now to be prepared....more

Outsourcing the Standardized Measure of Oil & Gas (SMOG) Calculation

As many public oil and gas companies have made it through another year-end, it is a best practice to review what went right and what could be improved. Such questions to address include: Where did the reporting process not...more

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