Financial Reporting Update

  • May 21, 2020

The Financial Accounting Standards Board (FASB) met yesterday, May 20, and made a tentative decision to extend the effective dates for...

new-2019-accounting-standards

Auditing Remotely

  • March 24, 2020

COVID-19 has changed many things in a short amount of time. This includes the way we work and interact with one...

What You Need to Know About Employee Benefit Plan Audits

  • April 23, 2019

written by Jacque Mattson These days, candidates are seeking much more than a salary. Offering competitive benefits can make or break...

The New Accounting Standard Has Arrived: What it Means for Not-for-Profits

  • December 4, 2016

written by Eric Lampe The new accounting standard (ASU 2016-14) was issued in August in order to update the current model...

New Partnership Audit Rules – How do I opt-in?

  • October 23, 2016

written by Kami Bailey The IRS has issued temporary regulations that explain how a partnership can opt in to the new...

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...

New Guidelines for Not-for-Profits that Receive Federal Funds

  • November 9, 2015

written by Aaron Spencer On December 26, 2014, the White House Office of Management & Budget (OMB) implemented new federal regulations:...