(authored by RSM US LLP) The GASB has released Concepts Statement No. 7, intended to provide a conceptual framework for establishing consistent accounting and financial reporting standards.
(authored by RSM US LLP) A 100-basis-point increase in the federal funds rate will be on the table during the Federal Open Market Committee meeting next week, but we expect the central bank will hike the policy rate by 75 basis points.
(authored by RSM US LLP) The Federal Reserve’s changes to short-term interest rates will affect the stock of money, which directly determines the direction of the real economy…
(authored by RSM US LLP) There were 229,000 new jobless claims for the week ending June 11, down slightly from an upwardly revised 232,000 in the prior week.
At LaPorte, we take seriously our commitment to educating clients about new accounting standards or legislative updates. In an effort to provide timely topics of
(authored by RSM US LLP) The GASB has changed the term “comprehensive annual financial report” to “annual comprehensive financial report.”
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