The Financial Accounting Standards Board recently issued a proposed Accounting Standards Update for Leases (Topic 842). The update addresses related-party arrangements between entities under common control. This video provides an overview of the proposed changes.
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…
Any entity receiving more than $750,000 in federal grants or awards is generally required to receive a single audit, which encompasses an audit of the financial statements, as well as…
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…
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…
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…
Our spam filtering partner is reporting a high incidence of scam email designed to trick you into launching viruses on your computer. This virus circulating is the UPS/Fed Ex/USPS Delivery…
The United States Department of Labor (DOL) Office of Chief Accountant recently stressed, in a letter emailed to plan administrators, the importance of obtaining a quality audit from a qualified…
If you’ve ever dreamed of turning a hobby or vocation into a regular business, there are seven steps Isler CPA encourages entrepreneurs to take to avoid running afoul of the…
Overall discussion of 2015 Oregon law changes Paid Sick Leave – Senate Bill 454 Effective January 1, 2016, Businesses with 10 or more workers will be required to accrue 1…
