Brad and his guests discuss three topics: the Financial Accounting Standards Board’s exposure draft about debt modification and extinguishment of liabilities; reporting lines of credit on the statement of cash flows; and SSARS No. 27 on financial statements prepared as part of a consulting services engagement.

*** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano. ***

Resources:

• FASB Seeks Public Comment on Proposal to Improve Accounting for Debt Exchanges
• SSARS No. 27 At a Glance
• Accounting and auditing articles and events
• Join the Accounting & Auditing Standards Interest Group