Certified Public Accountants
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Accounting & Auditing Alert September 2018


RubinBrown's Accounting & Auditing Alert is published monthly to inform our clients and contacts about relevant technical accounting and audit-related information.


FASB Issues Codification Improvements

The FASB recently issued ASU 2018-09, Codification Improvements as part of its project to make incremental improvements to GAAP and to correct unintended application of existing guidance.


FASB Issues Codification Improvements Related to Leases

As part of its ongoing efforts to clarify the Accounting Standards Codification and address unintended application of previously issued guidance, the FASB recently issued ASU 2018-10, Codification Improvements to Topic 842, Leases.


FASB Issues Targeted Improvements to Leases Standard

The FASB has issued ASU 2018-11, Leases (Topic 842): Targeted Improvements. The ASU is intended to reduce costs and ease implementation of the new lease standard with two specific changes.


Readers should not act upon information presented without individual professional consultation.