Implementing the financial accounting standards board (FASB) Accounting Standards Update (ASU) 2016-14, Presentation of Financial Statements for Not-for-Profit entities can be confusing. The updated standard states nonprofits must present an analysis of expenses by their function and natural expense classifications in one location, such as in a statement of functional expenses.
Interning at an accounting firm is a great way to learn about the industry, gain valuable experience and hone in on where you’d like to focus. Now that you’ve decided to start interviewing for an internship, how do you prepare for an accounting internship interview?
Internships are a vital part of the accounting industry, but it’s tough to know what to expect from the experience before you walk through the office doors. A few of the spring 2021 Corrigan Krause interns shared what future interns can expect from their internship.
Every business should have an A Team. Your A Team is includes your trusted accountant, attorney and financial advisor. Having a strategic A Team in place allows your advisors to work together on the big picture.
Attracting and retaining talent for any business is a challenge, so once you have the team you trust in place, you want to keep those employees for as long as possible. A bonus program can be an integral part of your employee retention strategy.
Growing the Corrigan Krause team and promoting our professionals allows us to build the strongest and most effective team for our clients. During this unique and challenging year, our team more than rose to the challenge, working together to keep our clients informed and up to date on financial and legislative changes. A number of our professionals developed their skills and earned a much deserved promotion.
On August 1, 2021, applications reopened for Ohio’s TechCred program, which provides reimbursement to employers for valuable technology training for employees. This will be the program’s 10th application period.
Lease accounting standards are changing, aiming to improve transparency and make it easier to compare statements. Here’s what nonprofits need to know.
Lease accounting standards are changing, aiming to improve transparency and make it easier to compare statements. Here’s what construction companies need to know.
Lease accounting standards are changing, aiming to improve transparency and make it easier to compare statements. Here’s what manufacturing companies need to know.