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Audit, Not-for-Profit
Brittany Becker | 11.7.2017

How to Determine an Accounting Standards Effective Date for Not-for-Profit Entities

Since the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2013-12, Definition of a Public Business Entity (ASU) 2013-12,

Audit, Public Companies
Schneider Downs Professional | 10.25.2017

Get Ready for Critical Audit Matters

On Monday, October 23, the SEC accepted the Public Company Oversight Board’s new standard for enhanced audit reports. Previously approved by the

Audit, Not-for-Profit, Tax
Sarah Piot | 10.19.2017

Potential Audit Relief for Charitable Organizations Soliciting in Pennsylvania

Charitable organizations soliciting contributions in the state of Pennsylvania could see changes coming to the thresholds for audit requirements. In September,

Audit, Energy & Resources
Logan Kowcheck | 10.9.2017

Hedge Accounting Changes

Companies have indicated that the hedge accounting requirements in current guidance sometimes prevent companies from properly recognizing the economic

Audit, Transportation & Logistics
Schneider Downs Professional | 9.20.2017

New Revenue Recognition Rules Slowly Merging with the Transportation Industry

On May 28, 2014, the Financial Accounting Standards Board and the International Accounting Standards Board issued guidance merging U.S. Generally Accepted

Audit, Transportation & Logistics
Danielle Miceli | 9.13.2017

Thinking of increasing your fleet for 2018?

If you are making new trucks and trailers purchases, consider Financial Accounting Standards Board’s (FASB) Accounting Standards Update (ASU) No.

Audit, Public Companies
Brandon Embreus | 9.11.2017

SAB 116: What You Need to Know

The Securities and Exchange Commission (SEC) recently released Staff Accounting Bulletin (SAB) 116, which became effective last week. The primary purpose

Audit, Higher Education, Not-for-Profit
Staci Brogan | 9.6.2017

Governance, Accountability and Transparency - More Than Just Buzzwords

Governance, accountability and transparency are much more than the current buzzwords of Board room discussions. Achieving and maintaining sound governance

Audit
Schneider Downs Professional | 8.29.2017

How prepared are companies for the new Revenue Recognition Standards? - Survey says...

Recently, Compliance Week and Workiva conducted a survey in order to determine various companies’ readiness and preparation for the new FASB revenue

Audit, Health Care, Higher Education, Not-for-Profit
Patrick Kerns | 8.22.2017

Avoiding Common Issues in Your Single Audit

Thomson Reuters published a white paper on some of the most common issues encountered in single audits for the year ended June 30, 2016. The top lessons

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