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Assurance & Accounting

Hot Topics / Insights
Clarity on Cancellation of Debt Rules

08.03.2016 | eVisor The IRS has finalized regulations1 for determining who is the “taxpayer” in applying the insolvency and bankruptcy exceptions to discharge-of-indebtedness rules to a grantor trust or disregarded […]

FASB’s New Leasing Standard Demands Immediate Action

Berdon Audit Team 04.01.2016 | Happauge Reporter The long-brewing new leasing standard of the Financial Accounting Standards Board (FASB) has finally been ratified. Accounting Standards Update (ASU) No. 2016-02 Leases […]