LaPorte Directors Receive Women to Watch Awards from LCPA
The Society of Louisiana CPAs (LCPA) has named two LaPorte leaders as recipients of its 2025 Women to Watch awards. Christina Chifici, Audit and Assurance
GASB 101 Compensated Absences
A new accounting principle is now in place for public sector entities that pay out work-related absences like sick leave and PTO. For many, the
What are the different types of financial statement services?
The term “audit” gets used liberally when businesses need to provide financial statements to outside parties, but an audit may not actually be what many businesses need to meet their financial requirements.
Accounting for Leases in 2022
In early 2016, the Financial Accounting Standards Board (FASB) released new guidance on how businesses should account for leases. That new standard went into effect
Treasury-Backed “Fiscal Recovery Funds” Present Unique Funding Opportunities to State and Local Governments
As part of President Biden’s American Rescue Plan Act (ARPA) that was passed in March 2021, Congress assigned $1.9 trillion in federal funds for “COVID-related
COVID-19 Impact on Asset Impairment
The coronavirus pandemic infused unprecedented levels of uncertainty into our economy. When the virus became more widely spread in March, businesses closed, workers self-isolated, and
Christina Chifici Named as a MoneyMakers Honoree
Christina Chifici, CPA, CGMA, CIT, CCIFP, Audit and Assurance Services Director-in-Charge of LaPorte CPAs & Business Advisors, has been selected as one of the honorees
IRS Introduces New Form 1099-NEC for 2020 Tax Year Reporting
Beginning in January of 2021, the IRS will require businesses to report non-employee compensation using a new Form 1099-NEC. Amounts formerly reported on Form 1099-MISC
Accounting Solutions for CARES Act Program Proceeds
When Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act on March 27, 2020, they sanctioned much-needed relief payments to healthcare providers across
When Will Market Uncertainties Affect Going Concern, and What Should Management Do About It?
Though this is not a new reporting requirement, management is up against a unique threat this year and should take the steps to evaluate going
