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The Illinois CPA Society (ICPAS)—one of the largest state CPA societies in the nation—is proud to formally announce its new board of directors for the April 1, 2023, to March 31, 2024, fiscal year. Ellis, CPA, partner in Ernst & Young LLP’s financialaccounting advisory services practice in Chicago; Joshua Herbold, Ph.D.,
The Illinois CPA Society (ICPAS) has presented its Outstanding Educator Award to two Illinoisaccounting faculty as part of its 2023 awards program. Jurgens’ courses include financialaccounting, managerial accounting, intermediate accounting, and auditing. Madeline K. Trimble, Ph.D.,
The Board of Trustees of the FinancialAccounting Foundation (FAF) has appointed Lisa Washburn to the position of vice chair and has appointmented David Goldman and Deborah L. Miller, CPA, to the Governmental Accounting Standards Advisory Council (GASAC). All appointees’ terms begin March 1, 2024.
Nathaniel Day (Tennessee), a graduate of Vanderbilt University with a Bachelor of Science in human & organizational development and English and a Master of Accountancy from Vanderbilt University’s Owen Graduate School of Management, is employed with Deloitte in Chicago, IL.
Justin Chudzik (Pennsylvania), a graduate of the University of Pittsburgh with a Bachelor of Science in Business Administration (majoring in accounting) and a Master of Science in Accounting, is employed with the FinancialAccounting Standards Board (FASB) in Norwalk, CT. Michael Paul Donnelly, Jr.
Justin Chudzik (Pennsylvania), a graduate of the University of Pittsburgh with a Bachelor of Science in Business Administration (majoring in accounting) and a Master of Science in Accounting, is employed with the FinancialAccounting Standards Board (FASB) in Norwalk, CT. Michael Paul Donnelly, Jr.
Private company CFOs grapple with new lease accounting [ CFO Dive ]. At its core, under the new standards the FinancialAccounting Standards Board (FASB) wants all companies to record operating leases longer than one year on their balance sheet, both as an asset and a liability, in the same way as capital leases have always been recorded.
Eleanor DeNunzio , Illinois, EY in Chicago. Jared Dunnett , Illinois, Shore Capital Partners in Chicago. Cal Granite , Illinois, RSM US in Chicago. Jack Krause , Georgia, FinancialAccounting Standards Board in Norwalk, CT. Joshua Kritzer , Illinois, PwC in Chicago. Michelle Lin , Illinois, PwC in Chicago.
The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Cincinnati-based Fifth Third Bancorp alleging that employees opened accounts for customers without their consent in an effort to reach sales targets, according to reports on Tuesday (March 10). The CFPB filed a complaint with the U.S.
The workers have viable ERISA claims based on BDO’s alleged failure to obtain the cheapest available share classes for certain plan investments, the US District Court for the Northern District of Illinois ruled Tuesday. Accounting Board Seeks Crypto Standards Requiring Firms to Report Price Shifts [ CoinDesk ] U.S.
Other states that have a franchise tax include Alabama, Arkansas, Delaware, Georgia, Illinois, Louisiana, Missouri, New York, North Carolina, and Oklahoma. Quick Note: This article is provided for informational purposes only, and is not legal, financial, accounting, or tax advice.
Currently, Alabama, Arkansas, Delaware, Georgia, Illinois, Louisiana, Missouri, New York, North Carolina, and Oklahoma have a franchise tax. We can help set up an accounting system and prepare your taxes for any state where you do business. The Delaware franchise tax. Schedule an appointment with an expert.
The London-based International Accounting Standards Board issued rules specific to government assistance accounting decades ago. Perhaps US businesses should just follow those well-known rules, the FinancialAccounting Standards Board has suggested. As it turns out, it’s not as simple as copying and pasting.
The AICPA, which requested IRS relief in a comment letter , on Thursday also requested filing extensions from the Financial Crimes Enforcement Network (FinCEN) related to the filing of beneficial ownership information (BOI) and reports of foreign bank and financialaccounts (FBAR) for major disaster victims.
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