Not-for-Profit Entities Receive Guidance on Contributions!
Be aware! If your organization receives contributions from third parties, or contracts with government agencies, there are changes to the method and timing
Earlier this month, the Financial Accounting Standards Board’s (FASB) Emerging Issue Task Force (EITF) reached a consensus to permit the capitalization
Revenue Recognition- Member Owned Private Organization
In May 2014, the Financial Accounting Standards Board issued Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers (Topic 606),
Blockchain Technology and Its Impact on Employee Benefit Plans
Blockchain technology appears to be the latest up and coming change affecting the way many industries will process transactions. What is blockchain technology?
Museums to Receive Clarity on Accounting for Collections
The Financial Accounting Standards Board (FASB) will soon release for public comment a proposal revising its guidance on accounting for historical collections.
Pennsylvania Department of Environmental Protection Proposes 250% Permit Fee Increase for Unconventional Gas Wells
The Pennsylvania Department of Environmental Protection (DEP) has proposed a 250% permit fee increase for all unconventional gas wells. This would increase
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