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By Lee Klumpp, CPA, CGMA In 2016, the Financial Accounting Standards Board (FASB) updated its lease accounting rules (ASC 842) and closed a diversity in
By Marc Berger, CPA, JD, LLM, Alex Lifson, MBA, MST, Norma Sharara, JD, and Joan Vines, CPA In June 2020 the IRS proposed regulations under
By Tammy Ricciardella, CPA On September 17th, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU), 2020-07, Presentation and Disclosures by Not-for-Profit Entities
By Marc Berger, CPA, JD, LLM and Katherine Gauntt It’s been more than a year since the Supreme Court announced the landmark decision in the