new-revenue-recognition-2018

New Revenue Recognition – Now Is the Time to Prepare

  • November 13, 2018

The accounting for revenue recognition will be changing with the issuance of Accounting Standards Codification (ASC) 606 by the Financial Accounting...

Why your startup should outsource its accounting

  • October 12, 2018

written by David Myers Editorial originally appeared in Startland News. Batman had Robin. Sherlock Holmes had Dr. John Watson. Captain Kirk had...

A New Model for Revenue Recognition From Contracts with Customers

  • September 22, 2014

written by Aaron Spencer In May of this year, the Financial Accounting Standards Board (FASB) issued its new revenue recognition guidance...

Discover a Better Way to Run Your Business, A Focus on Reports

  • July 28, 2014

The Whitlock Company QuickBooks Training Seminar, A Focus on Reports The Whitlock Company is proud to offer “QuickBooks For Your Business,...

Repair Regulations: Changes for 2014 and Beyond

  • March 24, 2014

written by Aaron Henry The final “repair” regulations were released by the IRS and became effective January 1, 2014. These regulations...

IRS 2013 Audit Rates Vary Significantly Among Taxpayers

  • February 24, 2014

written by Joe Farias The IRS revealed the newest data and it shows a decline in audits amid all income groups...

Financial Reporting Framework for Small- and Medium-Sized Entities (FRF for SMEs)

  • January 13, 2014

The AICPA issued its Financial Reporting Framework for Small- and Medium-Sized Entities during 2013.  The FRF for SMEs accounting framework is...

Winds of Change for Lease Accounting

  • October 7, 2013

written by Aaron Spencer Leasing is an important activity for many organizations. It provides a means of gaining access to assets,...

Key Tips for Nonprofit Audit Committees

  • September 9, 2013

written by Eric Lampe “The independent audit committee fulfills a vital role in governance. The audit committee can be a critical...