For the past five years, the International Accounting Standards Board (IASB) has been working on an International Financial Reporting Standard (IFRS) for small or mid-sized companies. ... read more >
Rivaling labor as a significant operating cost in the trucking industry are fuel costs. With the rising price of fuel over the past two years, trucking companies have had to seek ways to offset these increases through such means as fuel surcharge programs and fuel hedging. ... read more >
The American Reinvestment and Recovery Act of 2009 (ARRA) was established to “create and save jobs, jumpstart our economy and build the foundation for long-term economic growth.” ... read more >
President Obama's "Cash for Clunkers" bill provides incentives to owners of high-polluting automobiles to replace them with new fuel-efficient and less-polluting automobiles. Robert Bandi of Schneider Downs explains the details.... read more >
The Republicans in the Pennsylvania House of Representatives released their budget proposal on July 10, 2009. One of the most controversial aspects of the $27.3 billion budget proposal is the tax amnesty program. ... read more >
At a recent Financial Crisis Advisory Group meeting, Financial Accounting Standards Board (FASB) Chair Robert Herz stated that full U.S. GAAP and International Financial Reporting Standards (IFRS) convergence could still be 10 – 15 years away.... read more >
On July 9, 2009, over 140 audit and tax professionals from Schneider Downs’ Pittsburgh and Columbus offices met at the Oglebay Resort and Conference ... read more >
Schneider Downs will host an all-day Nonprofit Forum on Wednesday, August 12 at the Columbus State Workforce Development Center... read more >
On May 22, 2009, the Financial Accounting Standards Board (FASB) approved FASB Statement No. 164, Not-for-Profit Entities: Mergers and Acquisitions, (SFAS 164), for transactions occurring on or after December 15, 2009.... read more >
FASB Staff Position, 157-G, if adopted, will provide clarity and additional guidance to organizations that invest in alternative investments.... read more >