Article Archives: 2014

By Julie Eisenhauer, CPA

On May 28th, under a joint project, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) issued their new standards for accounting for revenue under contracts with customers.

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By Dan Wright, CPA

Many start-up companies use convertible debt as a way to attract short-term investment. Convertible debt has appeal to investors because it can provide enhanced risk protection,

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By Amber Busch, CPA

For years the IRS has tried to wrap its arms around rules related to capitalization vs. deductible repairs and supplies for tangible property. In September 2013 the IRS issued the Final Tangible Property Regulations,

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By Sarah Wine, CPA

As an employee at a not-for-profit organization required to have an annual audit, you know that audit preparation and audit fieldwork can be overwhelming and time consuming.

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“California Attorney General sued directors and officers of Monterey County AIDS Project…Settlement created $1M fund plus barred 16 former officers and directors from serving as a fiduciary of any California charity for at least 5 years.”

From the Office of the Attorney General,

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By Amber Busch, CPA

Tenancy in common (TIC) is an ownership arrangement in which two or more parties jointly own property, and title is held individually to the extent of each party’s interest.

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The way we use technology for our business needs has changed dramatically in the past five years. Personally, I read emails on my phone throughout the day whether I’m near my laptop or not.

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By Megan Ryan, CPA

To avoid penalties, employers should take steps now to ensure that they are in compliance with the ACA requirements by the time open enrollment begins during the latter part of 2014.

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