GASB presents proposals for improvements to the financial reporting model. The proposals aim to make the model more effective in providing information necessary for decision-making and assessing a government’s accountability. The proposed improvements include: A short-term financial resources measurement focus …

Management of fiduciary responsibility is a must for business owners who sponsor plans, including plan management, hiring and monitoring service providers, employee education, participant communication, administrative support, and plan design. It should come as no surprise that of all the …

Every year there is a debate about which is more beneficial to taxpayers getting a tax refund or ending the year with as small a refund as possible. However, thousands of taxpayers prefer to get a refund and often use …

One challenge people have when dealing with accountants, particularly for business purposes, is understanding some of the terminology that is being used. We know sometimes it is not comfortable to ask for information for fear of being considered uninformed so, …

Certified Public Accountants (CPAs) are one of the most trusted disciplines of financial professionals in America. According to the National Association of State Boards of Accountancy, there are over 664,000 CPAs licensed to practice in the United States. The licensing requirements …