CECL: A New Era of Credit Loss Estimation The Current Expected Credit Loss (CECL) standard represents one of the most significant changes to bank accounting in decades. Unlike the incurred…
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On September 18, 2025, the Financial Accounting Standards Board (FASB) published updated guidance on how companies must account for the costs of developing software for internal applications. The changes are…
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Getting Back to I&T Basics: The Art of War is probably the most famous treatise on military strategy, but it’s actually the lesser known Dē Rē Mīlitārī, written by Flavius Vegetius…
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Does your not-for-profit routinely participate in the annual online fundraiser Giving Tuesday? If so, you know it’s a can’t-miss opportunity to raise money and awareness about your organization and mission.…
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For many taxpayers, receiving a letter from the IRS can feel intimidating. The envelope arrives with the IRS seal, and immediately, worry sets in: Did I make a mistake? Am I…
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Among its numerous tax provisions, the One Big Beautiful Bill (OBBB) reinstated immediate deductions for research and experimental (R&E) expenditures under Internal Revenue Code Section 174, beginning in 2025. The IRS…
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