National Practice Leader of BDO’s Accounting & Reporting Advisory Services group
Michael Stevenson, CPA, serves as the National Practice Leader for BDO’s Accounting & Reporting Advisory Services group (“ARAS”), where he leads a national team of partners and professionals assisting companies with a wide range of advisory services across various sectors.
FASB has issued a proposed accounting standards update intended to improve three areas of the leases guidance. How will this update affect equipment lessors? O’Sullivan: There are three proposed amendments in the Exposure Draft that the FASB has asked the... read more