SSARS 21 – Changes to Compilation, Review, and Financial Statement Preparation Engagements

  • November 15, 2015

written by Aaron Spencer Consistent with recent changes to other accounting and auditing pronouncements, the AICPA has clarified standards governing the...

Single Audit Requirements for 2015

  • April 15, 2015

written by Eric Lampe Not-for-profits, government entities, school districts, and private entities that receive and spend Federal assistance are finally getting...

FASB Issued Change to Treatment of Debt Issuance Costs

  • April 13, 2015

written by Chelsey Dollarhide On April 7, 2015, the Financial Accounting Standards Board (FASB) issued an accounting standards update with the...

AICPA Approves Clarified Standards for Reviews and Compilations

  • November 23, 2014

written by Aaron Spencer During its August meeting, the AICPA Accounting and Review Services Committee voted to approve clarified and revised...

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...

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...