New York Tax - Penalty and Interest Program (PAID)

The State of New York has initiated a Penalty and Interest Discount Program (PAID) beginning January 15, 2010. The program allows participants to pay off ... read more >

Are You Prepared for a Data Breach?

“We need to be more security conscious” is a common theme at many organizations today. Odds are that your organization is spending large sums of money strengthening your network in order to prevent the occurrence of a data breach. You may even conduct regular internal and external network penetration testing in order to identify potential holes in your network security.... read more >

New Guidance for Extractive Activities in the Oil and Gas Industry

In January 2010, the Financial Accounting Standards Board (FASB) issued ASU No. 2010-03, Extractive Activities – Oil and Gas (Topic 932): Oil and ... read more >

Moving Ever Closer to IFRS Convergence

IFRS

By Todd Lucas

At the recent American Institute of Certified Public Accountants (AICPA) Conference, Securities and Exchange Commission (SEC) Commissioner, Elisse B. Walter, ... read more >

New Accounting Standards on the Horizon for Private Companies?

Audit

By Todd Lucas

Last month the American Institute of Certified Public Accountants (AICPA), the Financial Foundation (FAF) and the National Association of State Boards ... read more >

The Coach's Advice

Construction

By Jay Sukernek

On New Year’s Eve, I watched the basketball game between Wake Forest University and the University of Richmond, my alma mater. And who says accountants ... read more >

Did the Steelers' Super Bowl Win in 2009 Impact Market Returns?

First, let’s start by taking a look back to January 30, 2009, as hard as that may be. The S&P 500 Index was down 106 points for the month and ... read more >

Ohio Sales Tax - New Rule Regarding Negative Equity in Vehicle Sales

The Ohio Department of Taxation has adopted Rule 5703-9-36, which explains the calculation of sales tax due on the purchase of a new motor vehicle when ... read more >

Encrypting Email

Technology

By Kenneth Gruber

Despite the convenience of email, security risks exist when transmitting sensitive data or confidential information. Ken Gruber, CIO at Schneider Downs, explains our firm's standard for protecting data security.... read more >

Restricted Funds Are Not Operating Funds

Directors of nonprofits are asking themselves more and more how the economy will impact their organization. Will donors continue their support? Will volunteers ... read more >