Assurance
Revenue Recognition Series: Why Were the New Revenue Standards Issued?
In order to fully appreciate the implications of the new revenue standards it is helpful to understand the process which…
Are you Part of a Trade Association? Membership Options for Government Employees
While many government employees benefit from professional association membership, federal and state statutes may prohibit or limit the reimbursement of…
Accounting Anomalies – Indicators of a Hacker?
Companies investigating hacks put too much emphasis on technology and too little on business analysis. Organizations should look closely into accounting…
Goodwill Impairment Analysis Simplified with Removal of Step 2 Requirement
The Financial Accounting Standards Board (FASB) has amended the Accounting Standards Codification (ASC) Topic 350 related to the subsequent measurement…
Best Internal Control Practices for Schools
Schools are the perfect places to find new opportunities and challenges at every turn. Furthermore, the next challenge your institution…
Deadline for ACA Reporting Extended
On November 18, 2016, the IRS announced (Notice 2016-70) that the deadline for 2016 reporting requirements under Sections 6055 and…
What Is a Joint Activity?
A joint activity is the combination of fundraising and another function incorporated into a single activity. When accounting for joint…