Selecting the right accounting method for your business is an important step in laying the groundwork for a profitable future. Residential homebuilders in particular have several options from which to…
What Nonprofits Need to Know about Federal Grant Guidelines
Does your nonprofit receive federal grant funding? If so, you should be aware of changes rolled out by the federal government over the past two years that affect the way…
Prep Pays Off: Tips to Make Your Next Audit Go Smoothly [VIDEO]
Audits don’t have to be stressful events. In fact, an audit can be a valuable and beneficial resource for your company. All it takes is a little preparation. Before your…
On the Horizon: Changes to A&A Guide for A/E Firms
An important audit and accounting procedural guide produced by a leading transportation trade association is undergoing some changes. The American Association of State Highway and Transportation Officials (AASHTO) started began…
FASB Approves Deferral of Effective Date of New Revenue Recognition Standard
In May 2014, the FASB issued guidance which clarifies the principles for recognizing revenue when an entity enters into contracts with customers. In the July 2015 FASB Board Meeting, the…