Article
Senate Bill Gives Sarbanes-Oxley Exemption to Small Banks
Banks holding less than $1 billion in assets could receive an exemption from the auditor attestation...
October 27, 2017
Article
FASB Moves Forward with Simplifying Debt Classification Guidance
At its September 13 meeting, the Financial Accounting Standards Board (“FASB”) wrapped up talks ...
September 20, 2017
Article
James Doty to Step Down as PCAOB Chairman, Will Help with Transition
James Doty, current chairman of the Public Company Accounting Oversight Board (“PCAOB”) of the S...
August 17, 2017
Article
COFAR Updates Frequently Asked Questions Document on Uniform Guidance
The Council on Financial Assistance Reform has issued a revised frequently asked questions (“FAQs...
August 15, 2017
Article
Use of Cost Realism in Proposal Evaluations
By: Curt Smith, Manager, Government Contractor Services Group When negotiating a contract price, the...
July 21, 2017
Article
FASB Aims to Eliminate Guidance for Bad Debt Reserves Regarding Savings and...
A new Financial Accounting Standards Board (“FASB”) proposal seeks to replace out-of-date deferr...
July 05, 2017
Article
GASB Statement 85 Addresses Various Practice Issues
The Governmental Accounting Standards Board (“GASB”) has issued GASB Statement No. 85, Omnibus 2...
March 24, 2017
Article
FASB Amends Guidance for Reporting Pension Costs
Later this year, some companies will be required to change the way they present expenses related to ...
March 13, 2017
Article
ASBCA Holds that Leases are not Necessarily Subject to CAS 404
In Exelis, Inc., ASBCA No. 60131 (29 Aug. 2016), the Armed Services Board of Contract Appeals (“AS...
January 19, 2017