Newsletters

All Newsletter Articles

  • Collateral Reclassifications upon Foreclosure October 30, 2015 By: Dan St. Clair, CPA Audit Director During times of economic crisis, as the country felt in 2007 and 2008, or industry unrest, as we are currently seeing in the energy sector, ...
  • Key Concepts in TDR and OREO Accounting October 30, 2015 Current Economic Conditions Bring Old Concepts Back to the Forefront: A Reminder of Key Concepts in TDR and OREO Accounting By: Lincoln C. McKinnon, CPA Audit Manager Banking, as a profession, is one of ...
  • Simpler benefit plan reporting in the works June 18, 2015 On April 23, the Emerging Issues Task Force (EITF) of the Financial Accounting Standards Board (FASB) proposed a three-part plan to make it easier to account for defined benefit plans, ...
  • Proposal links executive pay and stock market performance June 18, 2015 In theory, executives should be paid more when their companies’ stocks perform well — and less when their companies experience losses. But that’s not always the case in the real ...
  • Spotlight on auditor independence June 18, 2015 External auditors are supposed to be public watchdogs who are “independent” of their audit clients — both in appearance and in fact. This may seem like common sense, but independence ...
  • Tax June 3, 2015 Tax
  • March 2015 Audit & Accounting Newsletter March 11, 2015   FASB moves ahead with debt simplification project Simplifying and reinforcing the conceptual reporting framework will remain top priorities of the Financial Accounting Standards Board (FASB) in 2015. The classification of debt ...