by SingerLewak | Oct 1, 2018 | Center for Public Company Excellence, CFO Essentials
The FASB has issued (ASU) No. 2018-10, Codification Improvements to Topic 842, Leases, which makes amendments to the new rules on accounting for leases. The amendments clarify certain narrow aspects of guidance and are not expected to have a significant affect on...
by SingerLewak | Sep 24, 2018 | Nonprofit
On June 21, 2018, the Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) intended to clarify and improve the scope and the accounting guidance for contributions received and made, primarily by not-for-profit organizations. WHY DID...
by SingerLewak | Sep 24, 2018 | Nonprofit
Although FASB Accounting Standards Update (ASU) 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit (NFP) Entities is not effective for many not-for-profits until 2018 for calendar year ends and 2019 for fiscal year...
by SingerLewak | Sep 24, 2018 | Nonprofit
Being financially fit and stable is critical to any business, including a not-for-profit (NFP). If a NFP has a weak financial position, it may not be able to sustain its operations. While the perception by many in today’s society is that most NFPs are generally...
by SingerLewak | Aug 7, 2018 | Center for Public Company Excellence, News & Events
In February 2018, the SEC issued Interpretive Release No. 33-1049 (Commission Statement and Guidance on Public Company Cybersecurity Disclosures), which provides interpretive guidance on disclosure requirements under the securities laws in relation to cybersecurity...
