By: Jeff Carlini Background FASB recently released ASU 2014-03 entitled Accounting for Certain Receive-Variable, Pay-Fixed Interest Rate Swaps-Simplified Hedge Accounting...
By: Art Winstead It’s all about the timing. ASU 2014–12 was issued to provide explicit guidance as to the timing,...
By: Jeff Carlini Background: This blog concerns the proposed SSAE Reporting on Examination of Controls at a Service Organization Relevant...
By: Ken Brackney Can acquirees in business combinations adopt the same new basis of accounting the acquirer uses? The Financial...
By: Art Winstead The Private Company Council (PCC) was successful in having four of its recommendations accepted and issued by...
As reported previously, the ruling in the Commscope Credit Union vs. Butler & Burke, LLP case prompted NCACPA and the AICPA...
By: Rob Hamilton Classification of Certain Government-Guaranteed Mortgage Loans Upon Foreclosure In August 2014, the Financial Accounting Standards Board (FASB)...
As shared in the November 25 issue of Member Advantage, a North Carolina appellate court has ruled North Carolina accounting...
By: Wesley Allen Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans Upon Foreclosure The Financial Accounting Standards Board (FASB)...
By: Brad Johnson, CPA, MS Member of the NCACPA A&A and Not-for-Profit Committees The history of Statements on Standards for...