FASB Finalizes Effective Date Delays for Major Accounting Standards Alert | Nov 15, 2019 More About | Agribusiness | Banking | Construction | Dealerships | Education | Energy | Financial Services | Government Contracting | Healthcare | Hospitality & Restaurants | Insurance | Manufacturing & Distribution | Not-for-Profit | Private Client Services | Private Equity | Professional Services | Public Sector & Government | Real Estate | Retail | Technology & Life Sciences | Transportation & Logistics | Assurance | Lease Accounting | Performance & Growth | Risk & Regulatory | CECL Today, the Financial Accounting Standards Board (FASB) issued two Accounting Standards Updates (ASUs) that finalize various effective date delays for standards on current expected credit losses (CECL), leases, hedging, and long-duration insurance contracts. Read More
FASB Meets to Discuss Comments on Effective Date Extensions Publication | Oct 16, 2019 More About | Agribusiness | Banking | Construction | Dealerships | Education | Energy | Financial Services | Government Contracting | Healthcare | Hospitality & Restaurants | Insurance | Manufacturing & Distribution | Not-for-Profit | Private Client Services | Private Equity | Professional Services | Public Sector & Government | Real Estate | Retail | Technology & Life Sciences | Transportation & Logistics | Assurance | Risk & Regulatory Today, the Financial Accounting Standards Board (FASB) met to discuss comments received on the August 2019 proposed Accounting Standards Update (ASU) on effective dates for major projects. Read More
FASB Proposes Staggered Effective Dates for Major Accounting Standards Alert | Jul 18, 2019 More About | Agribusiness | Banking | Construction | Dealerships | Education | Energy | Financial Services | Government Contracting | Healthcare | Hospitality & Restaurants | Insurance | Manufacturing & Distribution | Not-for-Profit | Private Client Services | Private Equity | Professional Services | Public Sector & Government | Real Estate | Retail | Technology & Life Sciences | Transportation & Logistics | Assurance | Risk & Regulatory On July 17, the Financial Accounting Standards Board (FASB) met to reconsider its philosophy on establishing effective dates for major projects for private companies, not-for-profit organizations and smaller public companies, as well as to discuss the amendment of certain upcoming effective dates for existing major standards that are not yet effective. Read More
Federal Work Opportunity Tax Credit (WOTC) Extended for 2015 alert | Mar 10, 2016 More About | Agribusiness | Construction | Government Contracting | Hospitality & Restaurants | Manufacturing & Distribution | Professional Services | Public Sector & Government | Retail | Transportation & Logistics | Tax Extended for 2015 and Special IRS Transition Relief/Retroactive Filing Opportunity to Obtain Credits Based on People Hired in 2015 The Work Opportunity Tax Credit (WOTC) is a credit for companies ... Read More
PATH Act and Expanded Benefits for Real Property - A Case of True Déjà Vu? alert | Feb 08, 2016 More About | Agribusiness | Construction | Dealerships | Education | Energy | Financial Services | Government Contracting | Healthcare | Hospitality & Restaurants | Insurance | Manufacturing & Distribution | Not-for-Profit | Private Client Services | Private Equity | Professional Services | Public Sector & Government | Real Estate | Retail | Technology & Life Sciences | Transportation & Logistics Many people interpret the term déjà vu as referring to an occurrence of the exact same events multiple times and to many this is exactly how the expensing and depreciation provisions ... Read More