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Assurance, Advisory & Review

Maintain your competitive edge and stay up-to-date on current industry topics with Templeton & Company’s thought provoking blog articles.

FASB Issues ASU 2016-14, Presentation of Financial Statements of Not-for-Profit Entities

By Lee Klumpp, CPA, CGMA and Tammy Ricciardella, CPA The Financial Accounting Standards Board (FASB) released the Accounting Standards Update (ASU) 2016-14, Not-for-Profit Entities (Topic

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PErspective in Manufacturing

The housing market remains a bright spot in the U.S. economy this year after a similarly robust 2015. Housing construction is booming and U.S. construction

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Pending Nonprofit Tax Legislation: What’s on the Way?

By Laura Kalick, JD, LLM in Taxation Although tax legislation will likely wait until after the presidential election, Congress continues to introduce bills for when

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Could a Lack of Skilled Labor Slow the Reshoring Wave for U.S. Manufacturers?

By Tom Stringer and Michelle Cammarata U.S. manufacturing is on the rebound, having added more than 730,000 jobs since the end of 2010. And industry

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Revenue Recognition of Grants and Contracts by Nonprofits—Is it Time for a Change?

By Lee Klumpp, CPA, CGMA At its April 20, 2016 meeting, the Financial Accounting Standards Board (FASB) voted to add a project to its agenda

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Spotlight on: Lean Manufacturing & Continuous Improvement

Q&A with MasterCraft Boats We sat down with our clients Larry Janosek, Vice President of Operations, and Tim Oxley, CFO, of Tennessee-based MasterCraft Boats to

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10 Common Self-Dealing Mistakes Private Foundations Make

By Rebekuh Eley, CPA, MST What may seem like a simple transaction could pose a big problem for private foundations. The self-dealing rules unique to

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How to Retain, Recruit and Engage Great Board Members

By Laurie De Armond, CPA The nonprofit world has already seen a number of board shakeups this year— from board members resigning en masse from

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Limited Partnerships—To Consolidate or Not to Consolidate, That is the Question

By: Lee Klumpp CPA, CGMA The Financial Accounting Standards Board (FASB) has added a project entitled Clarifying When a Not-For-Profit Entity That Is a General

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