Tag: financial reporting

nonprofits after covid19
Considerations for Nonprofits in the Post-COVID-19 Environment

When thinking about how nonprofit organizations have adapted over the past year—and will continue to…

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managed accounting services q&a
Q&A: Managed Accounting Services

Partner Michael Sullivan highlights the benefits of MFA's recently launched Managed Accounting Services, including streamlined…

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SPACs Accounting
Accounting Considerations for SPAC Target Companies

There are a number of considerations for target companies in preparing for the De-SPAC transaction,…

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Accounting SPACs Considerations
Accounting Considerations for SPAC Sponsors

Sponsor-side accounting considerations to keep in mind when considering going public with a special purpose…

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FASB
FASB Offers Goodwill Impairment Alternative to Private Businesses, Nonprofits

FASB will allow provide private companies and nonprofits to use an accounting alternative to evaluate…

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SPACs
SEC Issues Statements on Special Purpose Acquisition Companies (SPACs)

Last week, the SEC issued two statements regarding issues related to special purpose acquisition companies…

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Complex Financial Instruments
FASB Simplifies Accounting for Complex Financial Instruments

FASB simplified the accounting for convertible instruments by eliminating large sections of the existing guidance…

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Small Reporting Company Filing Requirements
SEC Reporting for Smaller Reporting Companies (SRCs)

As the economic landscape continues to evolve, companies have an opportunity to seek relief from…

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COVID-19 FAQs: Nonprofit Orgs
COVID-19 FAQs: Nonprofit & Education

Here are some of the most frequently asked questions and resources to help nonprofit and…

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Accounting for PPP Loans
Accounting for Paycheck Protection Program (PPP) Loans and Forgiveness

Currently, there is no formal guidance that states how businesses should account for PPP loan…

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