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Audit
Shane Gastecki | 3.7.2016

Lease Accounting Updates - It Has Finally Arrived, So What Can You Do Now?

On February 25, 2016, Financial Accounting Standards Board (FASB) issued the long-awaited lease accounting update. The core principal of the new standard

Audit
Theodore M. Pettko | 2.2.2016

Making Decisions on Facts Versus a Gut Feeling: Monitoring Capital Expenditures

As with any new year, the routine task of completing a budget occurs, and that sets a measure for the organization to grade itself. Budgets are set up

Audit, Higher Education, Not-for-Profit
Schneider Downs Professional | 1.15.2016

Updating Your Organization's Procurement Policy

The Uniform Grant Guidance (UGG) has brought about sweeping changes to grants management with a focus on an organization’s internal controls. The

Audit, Higher Education, Not-for-Profit
Schneider Downs Professional | 1.11.2016

Uniform Grant Guidance Procurement Methods

The Uniform Grant Guidance (UGG) has brought about sweeping changes to grants management and includes many changes to procurement policies and procedures.

Audit
Todd Lucas | 12.28.2015

The Private Company Council Makes It Easier to Adopt GAAP Alternatives

Back in 2014, the Private Company Council (PCC) issued four standards that private companies could use as accounting alternatives to existing accounting

Audit, Not-for-Profit
Trevor Warren | 12.17.2015

Not-for-Profit Reporting Model - Part 8: Project Update

On Friday, December 11, the Financial Accounting Standards Board (FASB) met and discussed certain issues from phase 1 of the proposed FASB Accounting Standards

Audit, Energy & Resources
Schneider Downs Professional | 12.16.2015

Oil & Gas Market Volatility - Triggering Potential Impairment

As we all know from the past year and a half, oil and gas prices have drastically decreased since early 2014. To the average consumer, this has resulted

Audit, Higher Education, Not-for-Profit
Schneider Downs Professional | 12.8.2015

Danger! Additional Monitoring Ahead: The New Uniform Grant Guidance Category for Not-for-Profits

As not-for-profits wind down the current year and solidify planning for the upcoming year, there is a new category to add to your checklist, subrecipient

Audit, Construction
Trevor Warren | 9.30.2015

Business Combinations: The Simplification with Accounting Standard Update (ASU) No. 2015-16

The Financial Accounting Standards Board just released Accounting Standards Update (ASU) No. 2015-16 – Business Combinations – Simplifying

Audit, Higher Education, Not-for-Profit
Nick Lombardo | 8.28.2015

Not-for-Profit Reporting Model - Part 6: Measuring and Disclosing Liquidity

The Financial Accounting Standards Board (FASB) issued an exposure draft on the financial statement presentation of not-for-profit (NFP) entities this

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