Simplified Accounting for Commonly-Controlled Leases

FASB's amendments to ASC 842 offer simpler guidance for common control lease arrangements and provide a practical expedient for lessees to account for leases in common arrangements without considering legal enforceability.

2023-04-10T13:39:07-04:00April 10, 2023|Categories: Accounting|Tags: , |

Webinar Recording | Implementing the Lease Standard, ASC 842

This webinar recording from November 30 provides an overview of the lease accounting standard and a demo of our software solution designed to ease the burden of implementation for your organization. We will also address some of the common pitfalls, business implications, possible financial benefits, and more.

2023-01-13T13:35:40-05:00November 11, 2022|Categories: Accounting, Audit & Assurance, Past Events|Tags: , |

What Is a Right-to-Work State?

In a "right-to-work" state, private-sector employees have the option to choose whether or not they want to join a union. In other states, a person applying for a private-sector job where employees are unionized can be required to join the union as a requirement of being hired.

2022-09-22T08:30:57-04:00September 17, 2022|Categories: Accounting, Labor Unions|Tags: , |

IRS 90-day Pre-examination Compliance Pilot for Retirement Plans

The IRS is piloting a pre-examination compliance program for retirement plans, which provides plan sponsors with 90-day window to review plan operations and make corrections prior to examination.

Service Centers – A Multi-Purpose Management and Allocation Tool

Learn about service centers and cost allocation methods, specifically direct allocation and step allocation, that can help you understand the "true" cost of your products and services so you can price them for a profitable return.

2022-06-23T14:31:15-04:00June 21, 2022|Categories: Accounting, Government Contracting|Tags: , |

Build Back Better Act – What Is in and What Is out?

Source: RSM US LLP.  PBMares is a member of RSM US Alliance. With the coronavirus pandemic consuming attention and companies focusing on implementing safety, readiness and response measures, a surge in potentially harmful phishing scams has emerged.

2021-11-09T11:14:15-05:00October 30, 2021|Categories: Accounting, Tax: Business, Tax: Individual|Tags: , |
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