by Leif Jensen | Jul 3, 2019 | General |
The new Revenue Recognition standard establishes consistent principles (regardless of industry or geography) to report useful information about the nature, amount, timing, and uncertainty of revenue from contracts with customers. Public companies were required to...
by Leif Jensen | Jul 2, 2019 | General |
The new lease standard went into effect earlier this year. The idea behind the standard is to focus on increased transparency and comparability – providing financial statement users with more information about an entity’s leasing activities. From now on the lessee...
by Leif Jensen | Jul 1, 2019 | General |
Having been married over 30 years and with my wife for 35 years, so I have no idea what is involved with dating in this century and not a whole lot from the last. So, I was more than a little shocked on the statistic that more than 40% of adults say knowing someone’s...
by Leif Jensen | Jun 26, 2019 | General |
As a student of history, I know that there have always been those that have and those that have not, in just about every time period and throughout the world. So, the results of a recent study results are not as striking to me as they were to others, despite how...
by Leif Jensen | Jun 25, 2019 | General |
Long ago, I was working with a NFP that was going through a transition period. They sold their building, shed unprofitable programs and moved to a smaller more affordable space. During all of this transition the BOD requested that one long time employee be retained,...
by Leif Jensen | Jun 24, 2019 | General |
Did you know that you have taxpayer rights? I didn’t think so, most people don’t. But each and every taxpayer has a set of fundamental rights they should be aware of when dealing with the IRS. Explore your rights and our obligations to protect them. The Right to Be...
