Manufacturing Growth Leads to Strong Economy
Manufacturers added 19,000 net new workers in October, according to the Bureau of Labor Statistics. This was the largest monthly gain since February and an improvement over September’s upwardly revised...
View ArticleFASB OKs Standards on Goodwill and Interest Rate Swaps
Recently, the Financial Accounting Standards Board endorsed changes to accounting standards, proposed by the Private Company Council. These changes will provide private companies with alternatives for...
View ArticleTop 10 Tips to Prepare for a Successful Audit
As an employee at a not-for-profit organization required to have an annual audit, you know that audit preparation and audit fieldwork can be overwhelming and time consuming. However, by implementing...
View Article5 Key Things to Know about the New Revenue Recognition Standard
In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers. This standard will impact all entities that...
View ArticleSo You Have an Internal Control Letter. Now What?
If you are part of organization that is audited or have been involved in audits with a prior organization, you understand that audits can cause a significant amount of stress and anxiety. This is...
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