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GASB Statement 85 Addresses Various Practice Issues

Article

March 24, 2017

The Governmental Accounting Standards Board (“GASB”) has issued GASB Statement No. 85, Omnibus 2017, to address the following accounting and financial reporting matters:

FASB Amends Guidance for Reporting Pension Costs

Article

March 13, 2017

Later this year, some companies will be required to change the way they present expenses related to retirement benefits. The Financial Accounting Standards Board (“FASB”) has issued Accounting Standards Update (“ASU”) No. 2017-07, Compensation—Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost, which is intended to improve the presentation of pension costs.

ASBCA Holds that Leases are not Necessarily Subject to CAS 404

Article

January 19, 2017

In Exelis, Inc., ASBCA No. 60131 (29 Aug. 2016), the Armed Services Board of Contract Appeals (“ASBCA”) held that a concern whether a building lease was a capital lease or an operating lease is not subject to Cost Accounting Standards (“CAS”) 404.

Cherry Bekaert Named one of Atlanta’s Best Places to Work

Awards & Recognition

September 26, 2016

Cherry Bekaert was recognized by Atlanta Business Chronicle as one of Atlanta’s 2016 Best Places to Work.

Cherry Bekaert Named one of South Carolina’s Best Places to Work

Awards & Recognition

June 29, 2016

Cherry Bekaert was recently named as one of the “Best Places to Work in South Carolina.”

Cherry Bekaert Named one of the Top 20 Accounting Firms in Washington D.C.

Awards & Recognition

February 23, 2016

Cherry Bekaert LLP is honored to be ranked 18th on Washington Business Journal’s Top Accounting Firms list for 2016.

Cherry Bekaert One of Atlanta’s Top 10 Accounting Firms

Awards & Recognition

February 22, 2016

Cherry Bekaert LLP is honored to be ranked tenth on Atlanta’s Top 25 Accounting Firms list for 2016 by the Atlanta Business Chronicle.

Cherry Bekaert One of South Florida’s Top Accounting Firms

Awards & Recognition

August 25, 2015

Cherry Bekaert LLP is proud to be ranked fifth on the South Florida Business Journal’s list of accounting firms by billings in the South Florida region.

Cherry Bekaert Expands Presence in South Florida

Acquisitions

November 13, 2014

Cherry Bekaert LLP is pleased to announce the addition of 25 professionals to its South Florida regional practice.

Cherry Bekaert One of Atlanta’s Best Places to Work

Awards & Recognition

September 16, 2014

Cherry Bekaert LLP was honored by the Atlanta Business Chronicle as one of Atlanta’s 2014 “Best Places to Work.”

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