Hedge Accounting Changes

Companies have indicated that the hedge accounting requirements in current guidance sometimes prevent companies from properly recognizing the economic ... read more >

Proposed Revision of Criteria for a Description of a Service Organization's System in a SOC 2 Report

The system description of an SOC 2 report is the area in which the service organization details the system that is being assessed and the risks that are ... read more >

Severance Tax on the Horizon?

Currently, the Pennsylvania legislature is in the process of approving and finalizing the fiscal year 2017-2018 budget. The revenue portion of the state ... read more >

The Senate's Reaction to the Unified Tax Reform Framework

Tax Reform

By Ryan Broze

Last week saw the introduction of the Unified Tax Reform Framework from the “Big Six,” which started Senate and House committees on the path ... read more >

Strengthening Career and Technical Education for the 21st Century Act

The lack of skilled labor continues to be a concern of many manufacturers in today’s environment. Attracting and maintaining talented laborers to ... read more >

Some Property Rights Contracts May Get Relief from the Lease Standard

The Financial Accounting Standards Board (FASB) issued a proposed amendment to Accounting Standard Update 2016-02 Topic 842 – Leases (ASU 2016-02) ... read more >