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Defining a not-for-profit’s operating reserve

October 14th, 2016|0 Comments

What is an operating reserve? And how much is too little — or too much? Let’s take a look. What it is An operating reserve is a portion of an [...]

Is your company ready for ASU No. 2014-09?

October 11th, 2016|0 Comments

A landmark financial reporting update is replacing about 180 pieces of industry-specific revenue accounting guidance with a single, principles-based approach. In May 2014, the Financial Accounting Standards Board (FASB) unveiled [...]

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