by Johnson Olatunji, Audit Manager – McConnell & Jones LLP In April 2015, the Financial Accounting Standards Board (FASB) issued a Proposed Accounting Standards Update titled Presentation of Financial Statements of Not-for-Profit (NFP) Entitles (the Exposure...
by Minnie Cariaga, Audit Manager GASB 72 - Fair Value Measurement and Application Last year, GASB issued Statement No. 72, Fair Value Measurement and Application. Is your agency ready? This key GASB provision amends the definition of fair value to be consistent with...
by Eric Ernest, ERISA Compliance Partner Part III – Measurement Date Practical Expedient Accounting Standards Update No. 2015-04, Compensation—Retirement Benefits (Topic 715): Practical Expedient for the Measurement Date of an Employer’s Defined Benefit Obligation and...
by Michelle Brumfield, Director of ERISA Compliance On July 31, 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2015-12, a three-part standard that provides guidance on certain aspects of the accounting by employee...
by Eric Ernest, ERISA Compliance Partner On July 31, 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2015-12, a three-part standard that provides guidance on certain aspects of the accounting by employee benefit plans....