Ellin & Tucker Offices
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By: Carl Kampel

The  (FASB) issued final guidance that requires management to evaluate conditions or events that raise substantial doubt about an organization’s ability to continue as a going concern.   Substantial doubt exists when it is probable that the organization will be unable... Continue Reading
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By: Jared Rosen On August 14, 2014, the (DOL) issued Field Assistance Bulletin (FAB) 2014-01 which provides updated guidance to fiduciaries of terminated defined contribution plans regarding locating and distributing plan assets to missing participants. Under the Internal Revenue Code,... Continue Reading
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Recommended By: Bryan Porter

The new revenue recognition accounting standard has received a lot of attention as preparers and users of financial statements begin to digest how the standard will effect business as we know it.  This article from Construction Executive provides an introduction... Continue Reading
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By: Carl Kampel

  At last count, there were approximately 121 million households in the United States and, of those households, approximately two-thirds had assets in a retirement plan. According to the Internal Revenue Service, retirement plan assets were approximately $23 trillion in... Continue Reading
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Recommended By: John Coppola

Often times not-for-profit organizations don’t have adequate resources to devote to an enterprise risk management (ERM) system.  This article from the Journal of Accountancy discusses ways for these organizations to gain value from risk management. Click here to read “Six... Continue Reading
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Recommended By: Carl Kampel

The proposed changes to lease accounting have gone through a number of iterations, and the closer to getting to a final standard is still in some state of uncertainty. There has been general agreement between the Financial Accounting Standards Board... Continue Reading
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The public accounting and business consulting firm, Ellin & Tucker, has appointed John Coppola, CPA, to the role of manager in the firm’s accounting and auditing group. In his new role, Coppola is responsible for growing the firm’s business relationships... Continue Reading
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Recommended By: Tom Byers

The IRS and Treasury feel that there is significant abuse by U.S. taxpayers owning/hiding assets overseas without reporting the income earned thereon in their U.S. tax returns.  There has long been a requirement to report these assets (once the value of... Continue Reading
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Recommended By: Bryan Porter

The Journal of Accountancy released an interesting article on how industry is reacting to the new revenue recognition standard.  Although the final version is not expected until later in the first quarter of 2014, both publicly and privately held companies... Continue Reading
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