Blog

Author: Sue Thompson

Peer Review Practice

April 4, 2019 by Sue Thompson
Audit & Accounting, Copeland Buhl
CPA firms who participate in the AICPA Peer Review Program are subject to Peer Review by an outside CPA firm every three years.  Participation in this program allows CPA firms to enhance their quality control policies and procedures, and to determine how their firm measures up to other firms and...
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Accounting for Leases

June 12, 2018 by Sue Thompson
Audit & Accounting, Copeland Buhl
The Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-02 Leases early in 2016.  The primary purpose of the new standard is to present on a balance sheet leases that otherwise would have been treated only as an expense in an income statement.  The standard impacts those who...
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