Accounting Insights
- July 1, 2020
- Accounting | Tax
Thank you to our guest writer, Scott Stoller, Grain Merchandiser, AgPerspective Inc. As I begin to write about the upcoming 2020 crop marketing year,…
- June 29, 2020
- Accounting | COVID-19 | Not-for-Profit
From actively engaging on social media to hosting online galas, we spoke virtually with local not-for-profit leaders to discuss best practices for fundraising during…
- June 26, 2020
- Accounting | COVID-19 | Not-for-Profit
As the U.S. Small Business Administration (SBA) continues to issue interim final rulings with clarifications and illustrations regarding the various aspects of the Paycheck…
- June 23, 2020
- Accounting | COVID-19 | Tax
An issue orbiting the Paycheck Protection Program (“PPP”) loan this year is the public disclosures of the PPP borrowers. Earlier in the year, the…
- June 19, 2020
- Accounting | COVID-19 | Not-for-Profit | Tax | Transaction Advisory Services
With all the buzz around the COVID-19 pandemic hardship loan programs, the Main Street Lending Program (MSLP) is probably one that you’re least familiar…
- June 18, 2020
- Accounting | Tax
In the face of volatile times and uncertainties caused by the COVID-19 pandemic, there are countless reasons to review and update your financial and…
- June 16, 2020
- Accounting | COVID-19 | Human Resources | Tax
Navigating recovery, continuity and growth We believe challenging times carry valuable lessons, even if they aren’t apparent in the moment. So even in this…
- June 11, 2020
- Accounting | COVID-19 | Not-for-Profit
As businesses in industries across the board continue to adapt to the unique challenges presented by COVID-19, many not-for-profit organizations had to think outside the…
- June 2, 2020
- Accounting | White Paper
Purpose The purpose of this white paper is to provide the necessary guidance in connection with the Illinois Department of Transportation’s (IDOT) Rebuild Illinois…
- June 2, 2020
- Accounting | COVID-19 | Human Resources | Manufacturing | Tax
As employees across the country return to work and leave their home offices behind, we look to our friends in the manufacturing and distribution…
- June 1, 2020
- Accounting | Not-for-Profit
As the COVID-19 crisis postpones the Olympics, the Tony Awards, the Kentucky Derby and more, the Financial Accounting Standards Board (FASB) also determined a…
- May 20, 2020
- COVID-19 | Not-for-Profit | Title IV
The entire world is affected by the Coronavirus (COVID-19) pandemic, and many industries are being impacted in different ways. Look no further than postsecondary…
- May 11, 2020
- Audit and Tax | COVID-19 | Not-for-Profit
Article updated on May 11, 2020 On March 9, 2020, the Office of Management and Budget (OMB) issued M-20-11, “Administrative Relief for Recipients and…
- May 1, 2020
- Accounting | COVID-19 | Public Relations | Tax
Updates as of May 6: the SBA extended the date for borrowers seeking to repay PPP loans from May 7 to May 14. Issuing…
- April 29, 2020
- Not-for-Profit | Title IV
Join our expert Raymond Krouse, CPA as he covers how recent accounting standards required the Department of Education to modify terminology used to calculate…
- April 23, 2020
- Accounting | COVID-19 | Not-for-Profit
As legislation is passed at an increased speed to combat challenges presented by the COVID-19 crisis, accounting methods for the Paycheck Protection Program (PPP)…
- April 23, 2020
- Accounting | COVID-19 | Not-for-Profit
On April 8, 2020, the Financial Accounting Standards Board (FASB) proposed the deferral of Accounting Standards Update No. 2016-02, Leases (Topic 842), and subsequent…
- April 13, 2020
- Not-for-Profit | Title IV
The Department of Education’s clarification of an institution’s calculation of the composite score to confirm with changes in certain accounting standards On September 23,…
- April 10, 2020
- Audit and Tax | COVID-19 | Title IV
The Department of Education released on April 9, 2020 the provisions and funds authorized for schools under the economic relief approved by the CARES…
- April 9, 2020
- Audit and Tax | Forensic & Valuation | Not-for-Profit
External audits are essential tools to help uncover critical information about a Not-For-Profit’s financial standing and overall health. Although auditors adhere to a strong,…
This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. Please refer to your advisors for specific advice.