…State Tax Obligations During the COVID-19 times, nonprofit organizations may have had to retool their revenue generating activities due to state-mandated closures eliminating income from admissions to events, activities, traditional…
…the company and various joint ventures and development entities. Doug’s recent experience includes manufacturing, distribution and biotechnology companies with unique revenue cycles and recognition methods. He has numerous clients that…
…lease and revenue recognition standards for certain entities. What Discount Rate is Appropriate When Calculating the Initial Value of a Lease? Issued in February 2016, Accounting Standards Update (ASU)…
…which granted a one-year delay on the required implementation dates of the new lease and revenue recognition standards for certain entities. How to Account for Subsequent Measurement of Lease Payments…
What business owners need to know about pass-through entity tax and elections Watch our webinar for an update on what will help business owners to navigate the tax limitation at…
…controls, and addressing complex GAAP technical issues. He provides guidance on the application of GAAP, particularly in inventory costing for manufacturing operations, revenue recognition, and financial reporting. Michael has a…
…delay on the required implementation dates of the new lease and revenue recognition standards for certain entities. Proposal to delay implementation of three significant new accounting standards In their July…
…You Aware of the Historic Rehabilitation Tax Credit? High Level Look at Disclosures Required for Revenue Recognition “How Tax Reform May Impact the Construction Industry and How to Plan for…
SEC Custody Rule’s No-Action Letter Provides Some Relief to Registered Investment Advisors (RIAs) The SEC has issued a no-action letter providing relief from some investment advisors’ requirement to receive a…
…one-year delay on the required implementation dates of the new lease and revenue recognition standards for certain entities. What are the Financial Statement Presentation and Disclosure Requirements of the Lessee…
…accounting and private industry. Specialties include: GAAP financial statement audits and financial reporting Revenue recognition (ASC 606) and stock-based compensation accounting (ASC 718) Business combinations, debt and equity instruments, and…
…prevent missed contributions and strengthen overall plan compliance. 1. Eligible compensation and operational nuance Every 401(k) plan defines eligible compensation in its adoption agreement, commonly W-2 wages, Internal Revenue Code…