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Professional Service Firms - Are You Ready for the Implementation of the New Lease Standard? What Are the Five Key Questions to Ask?

Professional service firms will be required to adopt Accounting Standards Update (ASU) 2016-02 Topic 842 - Leases (ASU 2016-02) in the upcoming years.

Gramm-Leach-Bliley Act - Are you protecting your students' financial data?

The Gramm-Leach-Bliley Act (GLBA) is a federal law that applies to entities that collect consumer financial data, including institutions of higher education.
Audit, ERISA
Todd Lucas | 9.18.2018

New Employee Benefit Plan Auditing Standard Now Final

After years of debate, deliberation and revision, it appears the Auditing Standards Board (ASB) is finally set to issue Statement on Auditing Standards

ASU 2016-02: How the Lease Standard Will Impact Drilling Companies

On February 25, 2016, the Financial Accounting Standards board (“FASB”) issued ASU 2016-02 on leases, which is effective for calendar periods
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Checking in on the PCAOB in a Time of Transition

The Public Company Accounting Oversight Board (PCOAB) has experienced a transformation in recent months, including the appointment of a new chairman and

Procurement Standards - Is Your NFP in Compliance?

In May 2017, the Office of Management and Budget (OMB) issued an additional one-year grace period for implementation of the procurement standards in 2

How to Beat the Exam Nicknamed Can't Pass Again: Tips to Passing the CPA Exam

The passing rate of each of the four parts of the CPA exam is about 50%. And although we tend to sometimes focus on the half who fail, remember: 50% of

Funding for Start-Up Companies

“I have developed the next groundbreaking software tool, but how can I obtain funding in order to grow this innovation?” This is an all-too-familiar
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SEC Approves Final and Proposed Rules in Latest Open Meeting

Staying busy this summer, the SEC on June 28, 2018 they voted to approve five final rules and proposals that represent significant progress on many of

Not-for-Profit Entities Receive Guidance on Contributions!

Be aware! If your organization receives contributions from third parties, or contracts with government agencies, there are changes to the method and timing
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