CPAs and Advisors with Your Growth in Mind

The 2018 Yellow Book – Major Changes

The 2018 Yellow Book was issued in July 2018. Yellow Book was reorganized and has new formatting. The changes impact a variety of areas including independence, peer review, waste and CPE. This webinar addressed the major changes that will be effective for financial audits, attestation engagements, and reviews of financial statements for periods ending on or after June 30, 2020.

Not-for-Profit Tax Update

Attendees were provided with up-to-date information on the latest developments affecting nonprofit organizations from a tax perspective. In addition to covering all the changes affecting not-for-profits (“NFPs”) brought about by the Tax Cuts and Jobs Act (“TCJA”), the presenters highlighted the subsequent guidance received as well as discussed how the industry is responding and adapting to the new rules.

GASB 84: Fiduciary Activities

In January 2017, GASB issued Statement 84 “Fiduciary Activities”, effective for reporting periods beginning after December 15, 2018. The speakers discussed fiduciary activities as defined by GASB 84 and how financial reporting will change related to fiduciary activities as a result of GASB 84.

How Technology Businesses Will Survive the New Nexus Standards

Technology companies need to understand the impact the Wayfair ruling has on their businesses. New economic nexus and reporting requirements are complicating the already murky waters regarding the taxability of these services.