The industry has been talking about GASB for close to a decade now but it is finally here. The new lease standard will add almost all of our leases onto our balance sheets and will be showing lease...
Government contractors were breathing a collective sigh of relief when the Financial Accounting Standards Board (FASB) pushed back the deadline for private companies and nonprofits to comply with new...
Employers have spent the last two years dealing with many challenges and disruptions, and they are now looking to move forward in 2022 against a backdrop of economic and pandemic-related uncertainty...
Brown Edwards Director Zach Webber reviews the three core financial statements – the balance sheet, income statement, and statement of cash flows. He also covers their importance, key metrics and...
Every six years, the Internal Revenue Service (IRS) requires employers with qualified, pre-approved plans to restate their plan documents – reflecting changes that have occurred since the plan...
Since late 2017, taxpayers have been implementing the congeries of changes wrought by the most significant revisions to the Internal Revenue Code (IRC) in a generation, the Tax Cuts and Jobs Act...
Since navigating the headwinds of the past year, nonprofit organizations have reimagined their operations to maintain relationships with donors, volunteers and the communities they serve while...
On June 16, 2021, the Financial Accounting Standards Board (FASB) released a proposed Accounting Standards Update (ASU) related to the Leases standard (Topic 842). The proposed ASU would improve the...
This year, Brown Edwards is hosting our first ever, virtual conference for higher education and not-for-profit organizations. On Friday, May 7, we kicked off the conference with attendees from 16...