Author Archives: admin

GASB 87 Leases – Year 2 Trials and Tribulations

Let’s be honest – implementing GASB 87 for leases was no easy task! From reviewing your organization’s agreements, determining incremental borrowing rates, ensuring amortization schedules were accurate for the financial statements and whole host of other things, the process was … read more >

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Hot Topics for Community Grant Schools

As another year of audits draws to a close, grant schools may find themselves thinking about just the information asked for by their auditors, and wondering where some of these requests came from or how information is used to complete … read more >

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Valuing Output Over Hours

The COVID pandemic has forced all of us to learn new ways of doing things – including how to work. While some organizations struggled with the change, others transitioned smoothly, especially if they had already embraced flexible working arrangements (FWA) … read more >

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Ransomware and the Increase of Cybersecurity Threats

Over the past year, you may have heard about high profile cyber-attacks around the country.  The year 2020 set many records on the number of cyber-attacks and with all likelihood, it does not appear to be slowing down in 2021.  … read more >

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GASB Statement No. 87, Leases – The Basics

The time to begin implementing the new standard for leases is here! Hopefully you have stayed informed on the guidance issued, either by reviewing the GASB Statement, attending presentations, and/or reading related implementation guides. However, if you have not, this … read more >

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Maintenance & Repair or Capital Asset?

There are times when it is easy to determine that an asset should be capitalized, such as purchasing a piece of equipment over the capitalization threshold. Other purchases may be more complicated, such as roofing, streets, and add-ons that may … read more >

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What Can You Spend Tax Credits On?

Posted September 20, 2017 Presentation by James Shankland, CPA, Audit Manager:  

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