BLOGS. August 7, 2024
The Timeline for Transitioning to Principles-Based Bond Definition
Adopting changes to accounting or reporting guidance on the first of the new year always poses challenges. To begin with, year-end is a busy time outside of the office with holidays and staff taking time off. And, of course, year-end, when you are closing your books and finalizing financial reporting, can extend well into January and even into February for even the most efficiently run organizations. Adding anything additional into that mix is where the challenges begin.
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