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Nick Lombardo

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FASB Votes to Propose Delay of New Revenue Recognition Standards for Franchisors and Lease Standards for All Non-Public Companies and Not-for-Profit Public Business Entities

Acknowledging the disruption caused by the COVID-19 pandemic and the strain it has put on the resources of many organizations, the FASB voted on April

Talking to Your Bank During These Uncertain Times: What You Should Know

In the midst of the COVID-19 crisis, most businesses are looking closely at cash flows, revised financial models and where to find additional capital.

Postcard from the AICPA SEC Conference - Part 4

The AICPA Conference on Current SEC and PCAOB Developments in Washington, DC concluded on Wednesday last week, its third day. The last day covered several

Postcard from the AICPA SEC Conference - Part 2

Day one continued at the AICPA Conference on Current SEC and PCAOB Developments in Washington, DC. The afternoon of day one had several informative sessions

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Not-for-Profit Reporting Model - Part 6: Measuring and Disclosing Liquidity

The Financial Accounting Standards Board (FASB) issued an exposure draft on the financial statement presentation of not-for-profit (NFP) entities this

Manufacturers to Face Skilled Worker Shortage in the Future

Most CEOs will tell you that good workers are the key to a good business, but they are hard to find. This is especially the case with the manufacturing
Audit
Nick Lombardo | 4.2.2015

UPDATE: FASB Votes to Defer Effective Date of the New Revenue Recognition Standard

Updated from an earlier posted Schneider Downs article regarding the deferral of ASU No. 2014-09. The Financial Accounting Standards Board (FASB) had a

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