September 30, 2015 (McLean, VA) CrossCountry Consulting, a leading management consulting firm, recently announced that Adam Washecka has joined the company to lead its Revenue Recognition practice within the Financial and Accounting Advisory service line.
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The former president of Harvard, Derek Bok, once said, “If you think the cost of education is expensive, try ignorance.” Such a statement is not only true in the context of higher learning, but also when implementing a new financial management solution.
Below are the highlights from the Clouds & Cocktails event we held in Tyson's Corner on 9/16/15:
For a global company preparing financial statements in USD, there are a lot of complex rules regarding foreign currency. ASC 830, Foreign Currency Matters, provides guidance for companies with foreign transactions that require a single set of financials in one reporting currency.