The Treasury Department and the Internal Revenue Service (IRS) issued Notice 2018-26, which provides guidance under section 965 of the Internal Revenue Code regarding the “transition tax.” Section 965 ...
How does Accounting Standards Update 2018-08-Not-For-Profit Entities (Topic 958): Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made impact Principal ...
We hope that this will help you to better understand the fund number your award has been assigned, or was assigned prior to the implementation of the new guidance in FY2019. The image to the left ...
The Financial Accounting Standards Board has issued a pair of proposed accounting standards updates on the classification of debt in a classified balance sheet (current versus noncurrent), and changes ...
Gone are the days of the traditional 9 to 5, Monday through Friday workday. Of course, some employees still maintain the traditional schedule, but small business owners are increasingly relying on the ...
Understanding intercorporate investments is key to determining the future prospects of any business. Learn how they impact ...