ASU 2014-14: Receivables—Troubled Debt Restructurings by Creditors (Subtopic 310-40)
By: Rob Hamilton Classification of Certain Government-Guaranteed Mortgage Loans Upon Foreclosure In August 2014, the Financial Accounting Standards Board (FASB)...
ASU 2014-04: Clarifying Physical Foreclosure
By: Wesley Allen Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans Upon Foreclosure The Financial Accounting Standards Board (FASB)...
SSARS 21
By: Brad Johnson, CPA, MS Member of the NCACPA A&A and Not-for-Profit Committees The history of Statements on Standards for...
ASU 2014-11: Transfers and Servicing
By: Dan Smeaton Topic 860—Repurchase-to-Maturity Transactions, Repurchase Financing, and Disclosures What is the issue? This issue is being addressed by...
Guidance by the Glass at Childress Vineyards
By: Melisa Galasso NCACPA’s Accounting & Attestation Committee meets quarterly to discuss recently issued and proposed guidance and determine the...
Part 3: 4 Catastrophes a Good Audit Trail Can Help You Avoid
Blog Series: 4 Catastrophes a Good Audit Trail Can Help You AvoidPost 3 of 3 4. Compliance infractions. Infractions of compliance...
Statement on Auditing Standards 129: Amendments to Letters for Underwriters and Certain Other Requesting Parties
By: Wesley Allen The Auditing Standards Board released SAS 129 in August 2014, to add certain amendments to guidance on...
Part 2: 4 Catastrophes a Good Audit Trail Can Help You Avoid
Blog Series: 4 Catastrophes a Good Audit Trail Can Help You AvoidPost 2 of 3 2. Investigation by the IRS. Nobody likes...
Part 1: 4 Catastrophes a Good Audit Trail Can Help You Avoid
Blog Series: 4 Catastrophes a Good Audit Trail Can Help You AvoidPost 1 of 3 It’s been around since accountants...
ASU 2014-09: Transition Requirements
By: Ken BrackneyBlog Series: Revenue from Contracts with CustomersPost 6 of 6 This blog entry highlights the transition requirements for...
