GASB issued a statement that is designed to help align the accounting and financial reporting of lease transactions more closely with their economic substance.
Source: JOA News
Read More here – GASB establishes new approach for reporting leases
Understanding what motivates volunteers is the first step toward helping them have a great experience assisting a not-for-profit.
Source: JOA News
Read More here – Strategies for helping volunteers boost a not-for-profit
The Tax Court held that the owners of the Boston Bruins could deduct the full cost of their team’s pregame meals for away games as a de minimis fringe benefit.
Source: Tax News
Read More here – Boston Bruins can deduct full cost of meals for team’s away games
The Tax Court held that the owners of the Boston Bruins could deduct the full cost of their team’s pregame meals for away games as a de minimis fringe benefit.
Source: JOA News
Read More here – Boston Bruins can deduct full cost of meals for team’s away games
Technical corrections proposed by FASB would affect accounting guidance for certain bad debt reserves of savings and loans, and steamship entities.
Source: JOA News
Read More here – FASB proposes superseding guidance for S&L bad debt reserves, steamship entities
Whether it means taking external auditors into executive session or getting candid opinions on staff, audit committee members need to provide strong oversight to help the organization thrive and survive.
Source: JOA News
Read More here – NFP audit committees: Getting oversight right
It’s important to stay up to date with a document that can enable effectiveness and efficiency.
Source: JOA News
Read More here – The case for updating your policies and procedures manual
A proposed ASU would give private companies an alternative for financial reporting associated with consolidation of variable-interest entities.
Source: JOA News
Read More here – FASB issues proposal for consolidation of VIEs
The Senate Republicans’ bill to replace Obamacare would repeal many of the Affordable Care Act’s tax provisions. Here’s a look at the tax changes in the bill.
Source: Tax News
Read More here – Tax provisions in the Senate health care bill
The Senate Republicans’ bill to replace Obamacare would repeal many of the Affordable Care Act’s tax provisions. Here’s a look at the tax changes in the bill.
Source: JOA News
Read More here – Tax provisions in the Senate health care bill
