News & Insights

While Accounting Standards Codification (ASC) Topic 842 is applicable to all entities, the adoption of the new leasing standard by nonprofit organizations is bringing into focus some unique considerations that […]

By: Gary Loew   Theft is as old as time. There have been documented instances of people taking things that were not theirs for as long as there have been […]

With concerns about inflation in the news for months now, most business owners are keeping a close eye on costs. Although it can be difficult to control costs related to […]

  GASB 96 (Governmental Accounting Standards Board Statement No. 96) provides guidance for governmental entities’ accounting and financial reporting of subscription-based IT arrangements (SBITAs).  Subscription-based information technology arrangements (SBITAs) are […]

The State School Aid Act was recently amended to include one-time distributions under section 147c(2) to participating districts of the Michigan Public Schools Employees Retirement System. These additional payments will […]