Municipal leaders in recent years have grappled with mounting underfunded liabilities for public employee pension plans, but there is an even more pernicious fiscal challenge just around the bend. “Other…
How to Prepare Now for Your Next Employee Benefit Plan Audit
For companies that provide benefit plans to employees, spring means annual audit season is around the corner. Though it’s not something most plan administrators look forward to, the audit can…
New Lease Accounting Rules: How Your Business Can Prepare
The days of using off-balance-sheet financing for capital purchases are over. As we explained recently on the blog, big changes are ahead for the financial statements of businesses, thanks to…
FASB Issues Major Lease Standard to Bring Operating Leases On the Balance Sheet
Last week, the FASB finalized a long-awaited major accounting standard update (ASU) which will require the recognition of lease assets and lease liabilities by lessees for those leases classified as…
How to Develop a Strategic Capital Plan for Your Nonprofit
Not-for-profit leaders face the challenge of growing their organizations through capital acquisition while maintaining financial stability. It is a delicate balance – one that many organizations strike by retreating to…
