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FASB Proposes Updates to the Recently Issued Revenue Recognition Guidance

In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers. ... read more >

Implementing the New Tangible Property Regulations - A Little Pain for a Lot of Gain

Tax

By Mark Cobetto

Now that we’re through the first wave of tax filings for the 2014 tax year, it’s a good time to reflect on our experiences in helping clients ... read more >

Practical Considerations of International Business Seminar

Every day, clients call with questions relating to international activities. Often, clients inquire about sending money to a foreign subsidiary or pay ... read more >

NFP Reporting Model - Part 1: Two's Company, Three's a Crowd - FASB's NFP Proposal's Impact on Net Asset Classification

As we have written before, the Financial Accounting Standards Board (FASB) has issued its proposed Accounting Standards Update on the presentation of financial ... read more >

FASB Looks to Add Consistency in Treatment of Breakage

Audit

By Todd Lucas

On April 30, 2015, the Financial Accounting Standards Board (FASB) issued a proposed Accounting Standards Update (ASU) relative to the treatment of breakage ... read more >

Does a Service Based Economy Justify Expanding the Sales Tax Base to Services?

As Ohio and Pennsylvania currently debate their budgets for the upcoming fiscal year, governors John Kasich of Ohio and Tom Wolf of Pennsylvania have proposed, ... read more >

FASB Amends Disclosures for Investments in Certain Entities that Calculate Net Asset Value Per Share

ERISA

By Lara Fuller

The Financial Accounting Standards Board (FASB) has recently issued an amendment related to disclosures for investments that calculate net asset value ... read more >

The End of Tax-Exempt Status for NFL

The National Football League is ready to end its tax-exempt status. NFL Commissioner Roger Goodell informed team owners and U.S. Congress in his April ... read more >

What Is the Future of Coal in West Virginia?

For decades, the West Virginia coal industry has been the economic foundation of the state’s economy. The industry generates more than 20,000 direct ... read more >

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