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The OMB (Finally) Releases Draft 2017 Compliance Supplement

The Office of Management and Budget (OMB) finally released draft copies of the 2017 compliance supplement to the American Institute of Certified Public

New Changes to the Premium Amortization Period on Callable Debt Securities

The Financial Accounting Standards Board issued guidance targeting the treatment of premiums for callable debt securities; however, the treatment of discounts

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

Potential Changes to Single Audits for Higher Education Institutions

In 2016, the Department of Education (DOE) attempted to implement a mandatory annual compliance audit of Student Financial Assistance programs beginning
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What to do When Fraud Occurs

The letter arrived in the mail two days after I saw the story on the news; my credit card had been used at a hotel that was hacked last fall. On a work

Don't Forget About Accounting Standards Update 2015-03 - Simplifying the Presentation of Debt Issuance Costs

Over the last couple of years, there has been a lot of discussion surrounding the new lease accounting and revenue recognition guidance that has been issued

Record-High Manufacturing Optimism, Is Trump to Thank?

On March 31, 2017, National Association of Manufacturers’ (NAM) President and CEO, Jay Timmons, along with others from the manufacturing industry

Standard College Dorms... A Thing of the Past...

While on-campus housing is typically mandatory for first-year college students, the luxurious off-campus housing options surrounding campuses across the
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Will a Strategy of Exclusivity Be the Path to Success for Dick's Sporting Goods

About a month ago, Dick’s Sporting Goods (Dick’s) announced it was dropping 20% of its brand offerings. One wonders if this strategy shift
Audit
Brittany Becker | 3.31.2017

REMINDER - Uniform Guidance Procurement Standards are Effective in 2017

Can you believe it? The first quarter of 2017 has ended, spring is here and we are headed toward summer. This also means that the deferment period on the
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