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Retail Sales Rebound

Retail

By Donald Applegarth

With the end of March, retail sales statistics from the year’s first quarter have been released. According to our friends at The Private Bank, Retail ... read more >

Not-For-Profit Officer and Director Liability: A Volunteer's Cautionary Tale

Early this year, the United States Court of Appeals issued an opinion confirming a jury verdict that held former officers and directors of a bankrupt nursing ... read more >

The Results Are In: Schneider Downs Manufacturers Economic Survey Report

Late last year, Schneider Downs conducted its 2014 Manufacturers’ Economic Survey to assess the state of the manufacturing industry and to gain insight ... read more >

What to Do With Unredeemed Gift Cards?

Audit|Retail

By Doug Morally

During 2014, CEB TowerGroup estimated that more than $124 billion was loaded on gift cards in the U.S. The increased use of gift cards has presented the ... read more >

Further Details Regarding the Delay of Revenue Recognition Standard

On April 1, 2015, the Financial Accounting Standards Board (FASB) agreed to defer the effective date of the new revenue recognition standard, ASU 2014-09, ... read more >

Get Ready - Changes Ahead for Not-for-Profit Financial Reporting

As we have written before, the Financial Accounting Standards Board (FASB) has been contemplating making significant changes to the ways that Not-for-Profits ... read more >

UPDATE: FASB Votes to Defer Effective Date of the New Revenue Recognition Standard

Audit

By Nick Lombardo

Updated from an earlier posted Schneider Downs article regarding the deferral of ASU No. 2014-09. The Financial Accounting Standards Board (FASB) had a ... read more >

Proposal to Defer for One Year the New Revenue Recognition Standard

Audit

By Steven Thompson

On April 1, 2015, the FASB voted to propose a one-year deferral of the effective date for its new revenue standard for public and nonpublic entities reporting ... read more >

Hotcakes and Taxes: A Schneider Downs Tradition

180 eggs. 15 pounds of sausage links. 125 slices of French Toast. All the pancakes you could eat. It must be busy season. As the traditional accounting ... read more >

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