Archive for August, 2015

GAAP alternative simplified accounting for private companies: common control leasing

New accounting guidelines mean some business owners may no longer need to consolidate the financial statements of entities related by leasing arrangements.


Louisiana’s public entities must stay ahead of clarifications to Act 706

Those who are involved in financial reporting for a public or quasi-public entity in the state of Louisiana must be aware of Act 462 of the 2015 Louisiana Legislative Session which further amends Louisiana Revised Statute 24:513.


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