TCJA: An Update for Private Equity Funds & Their Portfolio Companies
This presentation highlighted the recent guidance issued by the IRS for the Tax Cuts and Jobs Act of 2017 to help fund and portfolio company management teams plan for the second half of 2018.
Revenue Recognition (Topic 606) Disclosures
This course should assist attendees in applying the disclosure requirements of ASC 606. This presentation provides a general overview of those requirements for both public and private entities and reviews examples.
Clarifying the Scope and Accounting Guidance for Contributions Received and Contributions Made
This course walks you through the changes to contribution guidance for Not For Profit Entities, and will cover changes to what is a contribution verses an exchange transaction. We’ll also look at the changes to the treatment of contributions and the new guidance regarding conditions.
Getting a Handle on Contract Closeouts
True or False: A government contract is complete once you’ve made final delivery of your required goods and services and the Government has made its acceptance. Answer: False. In order to be truly complete, government contracts are required to be closed officially in accordance with FAR 4.804-1(a), Closeout of Contract Files, and FAR 4.804-5, Procedures for Closing Out Contract Files.
TCJA – Clarifying the Rules and Benefits of Cost Recovery
The TCJA provisions and the tangible property regulations can work to drive “capital” expenditures into tax deductions. Our Federal Credits and Accounting Methods Team will present a discussion of the many complicated rules to follow in expensing, capitalizing, depreciating and disposing of fixed assets. Don’t miss an opportunity to write off an asset for your clients.