It’s more important than ever for employers to determine that their benefit plans adhere to Department of Labor and Internal Revenue Service regulations, as these…
The new Payment Card Industry Data Security Standards require businesses to update and improve security for payments.
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…
In an effort to improve revenue recognition, the Financial Accounting Standards Board and International Accounting Standards Board recently released converged guidance for contracts with customers.Per…
As of Aug. 1, 2014, public entities in Louisiana that issue municipal securities must be in compliance with recordkeeping procedures related to the municipal securities…
Earlier this year, the Private Company Council (PCC) adjusted its criteria for private companies, simplifying the eligibility process for many seeking GAAP exceptions.
The Financial Accounting Standards Board (FASB) recently proposed a revised credit impairment model that would facilitate more efficient recognition of credit losses, specifically those of assets…
Private companies have found the increasing complexity of generally accepted accounting principles (GAAP) to be particularly burdensome. Even more complex are the proposed standards currently…