ASC 606, the long awaited and much debated new accounting standard for revenue recognition in the United States has now become reality for most public companies. Adoption of this new standard was required for calendar year public companies effective January 1, 2018, and the results of adoption have now become public with the earnings releases and 10-Q filings for the first quarter ending March 31, 2018.
ASC 606- The Early Results are In!
ASC 606, the long awaited and much debated new accounting standard for revenue recognition in the United States has now become reality for most public companies. Adoption of this new standard was required for calendar-year public companies effective January 1, 2018, and the results of adoption have now become public with the earnings releases and 10-Q filings for the first quarter ending March 31, 2018.
5 Tips To Prevent Employee Theft
The recent statistics on employee theft is shocking. According to one US source, 75% of employees admit to having stolen at least once from their employer—and employee theft costs a company on average 7% of their annual revenues each year.
Bennett Thrasher Adds New Risk Advisory Services Group: New Director Mike Hostinsky to Lead Firm’s Expanded Offerings
Bennett Thrasher LLP is pleased to announce the creation of a new Risk Advisory Services Group. The move highlights the firm’s continued strategic growth and efforts to innovate and add new services that will assist clients in the complex interrelationships of technology, operations and finance.
Georgia Construction Outlook Survey: 86 Percent of Respondents Project Revenue Increase Over Prior Year
The Georgia Construction Outlook Survey indicates that 86 percent of the state’s privately held construction companies project a revenue increase over the prior year. The survey, released on Tuesday, was conducted by Kennesaw State University’s Construction Management Department in cooperation with Bennett Thrasher, one of the country’s largest full-service certified public accounting and consulting firms.
Brian Hamm Shares Revenue Recognition Guidance for Startups
In a recent blog post on the website of Acuity, Brian Hamm, a Senior Manager in Bennett Thrasher’s Financial Reporting and Assurance department, explains new revenue recognition guidance issued by the Financial Accounting Standards Boards
Bennett Thrasher Boosts Mergers and Acquisitions Capabilities in Health Care and Technology with New Managing Director of Transaction Advisory Services
Bennett Thrasher LLP, one of the top 100, full-service public accounting and consulting firms in the country, has named Vijay Vaswani as Managing Director of its Transaction Advisory Services practice.
Bennett Thrasher Recognized for its Progressive Approach to Communication Among Employees
Bennett Thrasher was recently recognized for its progressive approach to communication among employees in an article published by Accounting Today.
Cory Bennett Named Among CPA Practice Advisor’s 40 Under 40
Bennett Thrasher LLP is pleased to announce that Cory Bennett has been recognized by CPA Practice Advisor on its annual list of 40 Under 40 winners. This award honors individuals who are positively shaping the accounting and tax profession, showcasing those who are active in both professional leadership roles as well as in their local communities.
Bennett Thrasher Named the 88th Largest Firm Nationwide by INSIDE Public Accounting
Bennett Thrasher is excited to announce it has been named the 88th largest firm in the country by INSIDE Public Accounting (IPA), on its annual list of Top 100 Firms. The Firm is one of only four Atlanta-based accounting firms to earn this recognition for 2016.
Bennett Thrasher Announces the Promotion of Four Firm Professionals to Partnership
Bennett Thrasher LLP is pleased to announce the promotion of four firm professionals to partnership, effective July 1, 2016. The new partners are Betsi Barrett, Ben Miller, Alana Mueller and Michael Thrasher.
2015 Year-End Review: Notable Accolades
With appreciation to our clients and peers, Bennett Thrasher was honored to receive several notable awards in 2015, including two local and three national accolades.
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