Cloud Computing Considerations

If you ask five different people to explain cloud computing, more than likely you will receive five different answers. In a nutshell, cloud computing can be described as a subscription based or rented services that are accessed via the internet.... read more >

FASB's Convergence Timeline Delayed Once Again

Audit

By Todd Lucas

In a recent interview, FASB chair Leslie Seidman noted that several of the higher priority convergence projects will most likely be delayed until 2012, at the earliest.... read more >

Deadline Approaching for Signature Authority FBARs

Tax

By Ron Kramer

The IRS granted an extension for individuals who have signature over, but no financial interest in foreign financial accunts. The new November 1 deadline is quickly approaching.... read more >

Private Company Standards Improvement Council to be Formed

Audit

By Donald Applegarth

The Financial Accounting Foundation (FAF) Board of Trustees plans to establish a “Private Company Standards Improvement Council” (PCSIC) to improve the standard-setting process for private companies.... read more >

PCAOB Proposes Further Transparency with Disclosure of Engagement Partner

On October 11, 2011, the PCAOB proposed for public comment standards that would require public company auditing firms to disclose the name of the engagement partner responsible for signing the opinion in the audit report for an SEC registrant... read more >

Private Company Financial Reporting

Audit

By Donald Applegarth

The Financial Accounting Foundation’s Board of Trustees has discarded the Blue-Ribbon Panel's recommendation to create of a new, independent board, to be overseen by the FAF, that would focus on making exceptions and modifications to U.S. GAAP for private companies.... read more >

The White House Comes to Pittsburgh

Raymond W. Buehler, Jr., was a participant in the recent panel discussion between the White House Administration and local business leaders. In this article, Ray provides an inside look at the session.... read more >

PA Governor Corbett Implements Delinquent Tax Collection Program

Pennsylvania Governor Tom Corbett has directed the implementation of a Licensee Tax Responsibility Program (“Program”) to promote collection of Commonwealth tax delinquencies identified within the Department of Revenue and the Department of Labor and Industry. So, what does that mean?... read more >

It's CPE Season!

Marketing

By Sean Smith

Schneider Downs will once again host a free CPE event for clients, alumni and friends of the firm. Sean Smith provides details.... read more >