Latest Articles

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May 15, 2019 

Reform of Non-Profits Financial Statement Presentation

This article presents an example of the new financial statement presentation (FASB ASU 2016-14) for a non-profit organization. The new statement requires firms to present the restricted asset information in a two column format rather than the ...

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May 13, 2019 

Do Your Best People Management

While there are obvious advantages to having your CPA license, a Series 7/65/66 RIA, CFP, ABV, CVA, CBA, or ACFE to validate a particular level of accounting or financial competence, in the information technology world, the certifications are ...

Randy Johnston

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May 13, 2019 

AICPA News May 2019

A roundup of recent news from the AICPA. The American Institute of CPAs (AICPA) issued a formal thank you to both the U.S. Treasury and the IRS for providing taxpayers with more extensive relief from penalties associated with underpayment of ...

Mary Girsch-Bock

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May 13, 2019 

IRS Highlights Expanded Depreciation and Expensing Rules

The IRS is highlighting tax reform changes that impact depreciation and expensing for nearly every business. In some cases, these changes allow small business owners and the self-employed to write off the cost of machinery, equipment ...

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May 13, 2019 

1 in 3 British Accountants Feel Stressed Every Day

The accountancy profession is in the grip of a mental health crisis, with a shocking new study finding that a third (31%) of chartered accountants feel stressed on a daily basis. The research, conducted by CABA, the chartered ...