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Category: Accounting Services

By: Christopher Gagliardi Two of the most significant changes to U.S. Generally Accepted Accounting Principles (GAAP) have recently unfolded, including Accounting Standards Codification (ASC) 606 – Revenue Recognition, which many businesses are still adjusting to, and ASC 842 – Leases. Al Read More

In a press conference on Monday, President Obama called the reports about the IRS “outrageous” and intolerable while saying he would reserve harsher judgment for when the full report is formally released. This response comes after the news broke last Friday that the IRS had targeted group Read More

U.S. Auditing Standards have been revised At the end of this year,  U.S. Auditing Standards will be revised as a result of a multi-year project to both clarify existing standards and converge with International Standards. As a result,  many significant changes will be in effect for aud Read More