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Kurt Herdman

Articles 1 - 9 of 9

Will Higher Education Prosper from the PROSPER Act?

Last week, while most Americans were following Congress’ latest actions on tax reform, the U.S. House of Representatives Committee on Education and

Get Ready for Critical Audit Matters

On Monday, October 23, the SEC accepted the Public Company Oversight Board’s new standard for enhanced audit reports. Previously approved by the

PCAOB Expands Disclosures in Auditor's Report

Doug Morally contributed to this article. On June 1, 2017, the Public Company Accounting Oversight Board (PCAOB) adopted a new auditor reporting standard

And the award goes to... Lessons learned from last night's Oscars screw-up

Like many Americans, last night I was fixated on the Academy Awards ceremony, arguably the most important award show for the motion picture industry. As

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FASB Issues Long Anticipated Changes Affecting Not-For-Profit Reporting

On August 18, 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-14, Not-for-Profit Entities (Topic 958)

New Overtime Rules to Impact Higher Education

On May 18, 2016, the Department of Labor (“DOL”) issued its expected final overtime pay rules of the Fair Labor Standards Act (“FLSA”),

PCAOB Rule to Improve Audit Transparency Approved by the SEC

On May 10, 2016, the Securities and Exchange Commission (SEC) approved the Public Company Accounting Oversight Board (PCAOB) rules that are aimed to improve

Not-for-Profit 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

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Get Ready - Changes Ahead for Not-for-Profit Financial Reporting

As we have written before, the Financial Accounting Standards Board (FASB) has been contemplating making significant changes to the ways that Not-for-Profits

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