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Category: Audit and Assurance Services

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…

Audits are just one type of CPA service.

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…

copy machine office rental

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…

protecting your organization from cyberattacks

Don’t Be Left Cyber-Defenseless

Eight Tips for Shoring Up Your Defenses Most U.S. organizations process important information every single day, every single hour, every single minute. When that information…

American Rescue Plan Act of 2021

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, CPA, CGMA, CIT, CCIFP

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…

COBRA insurance

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…

CARES Act program payments

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…