Revenue recognition accounting standards drastically changed for middle market nonpublic businesses, effective January 1, 2019, for those with a calendar year-end. What do we need to do to comply with these changes, and how do we get there? Read the article to find out.
A majority of perpetrators of church fraud are first-time offenders without a criminal history, and most are long-time employees of the church. This article gives tips on how to protect the church’s resources and improve financial oversight.
An employee stock ownership plan (ESOP) can help owners of closely held corporations who are approaching retirement age balance conflicting goals. This article talks about potential tax and other benefits of ESOPs.
Upon adoption of ASU No. 2016-14, Not-for-Profit Entities (Topic 958) a healthcare entity can expect changes to its financial statements with respect to the presentation of net assets as well as certain reconciliations within the statement of cash flows.
Do You Know the Three Factors Needed to Commit Fraud? Click here to learn how to protect your company with proper internal controls.
Ten implementation issues are identified in this article and the status of them are listed with a further discussion of the finalized implementation issues detailed.
