ISLER CPA, a leading regional provider of audit, tax and consulting services focused on privately held companies and individuals, is pleased to announce that Horsfall & Fipps, PC is joining forces with ISLER CPA. ISLER CPA will acquire substantially all their assets, with the transaction expected to close by October 31, 2018, pending customary closing…

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Virtually all entities will be affected to some extent by the new revenue recognition guidance (ASU 2014-09), Revenue from Contracts with Customers (Topic 606) – even nonprofit organizations. Read more in the following RSM guidance. http://rsmus.com/pdf_download/wp_changes-for-nfp-revenue-recognition.pdf

Change is on the horizon for nonprofits in the form of the Financial Accounting Standards Board’s (FASB) Accounting Standards Update (ASU) 2016-14, Presentation of Financial Statements for Not-for-Profit Entities. Released in August 2016, ASU 2016-14 will result in significant changes to financial reporting and disclosures, leaving some wondering how to begin revamping their processes, procedures,…

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Significant accounting changes are coming for nonprofit organizations under the theme of simplifying the face of the financial statements together with enhancing the footnote disclosures.  Three things you should know include: (1) net assets classifications are reduced from three to two; (2) significant new footnote disclosures will be required; and, (3) several improvements are made…

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Isler CPA is now connected to the ultimate Internet medium: fiber optic.  Simply stated, there is no better Internet connection than fiber to your building.  Since we rely heavily on quality Internet connectivity for our applications and data, this is a major leap forward for our business. “We’re glad to see this project come to…

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Each quarter, RSM’s accounting thought leaders update middle-market businesses on recently issued and proposed accounting guidance to discuss the implications and effects on middle-market companies, like yours. The following topics will be discussed on the webcast: Recently issued and effective guidance Developments in the financial instruments and leases projects Status of changes to new revenue…

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