In response to concerns regarding the cost and complexity of testing indefinite-lived intangible assets (other than goodwill) for impairment, as currently required under Accounting Standards Codification (ASC) Topic 350, Intangibles – Goodwill and Other , the Financial Accounting Standards Board (FASB) recently issued a Proposed Accounting Standards Update (PASU). The objective of this PASU is […]
www.pyapc.com/insights/intangible-assets/On December 23, after a grinding, down-to-the-wire battle, Congress passed H.R. 3765, the Temporary Payroll Tax Cut Continuation Act of 2011 (TTCA). The bill was signed into law by President Obama shortly thereafter. The tax provisions of the TTCA consist of a two-month temporary extension of the payroll tax cut in place for 2011, plus […]
www.pyapc.com/insights/new-law-keeps-payroll-tax-cut-in-place-through-february-2012/Now that federal healthcare legislation has been signed in to law, I hope that the fiscal impact of the legislation does not imitate that of other reform efforts made at state and regional levels. What appeared to start as an expressed effort to contain rising healthcare costs now appears to expand access while failing to include […]
www.pyapc.com/insights/involuntary-consequences-for-the-volunteer-state-tennessees-tenncare-experience-with-healthcare-reform/Pershing Yoakley & Associates, P.C., is pleased to present the August 2011 Audit & Accounting Update. This publication is designed to provide direct access to current audit and accounting information that is relevant to you. FASB Activities Recently Completed Projects The Financial Accounting Standards Board (FASB) has released two Accounting Standards Updates (ASU) and one […]
www.pyapc.com/insights/aa-update-2/Pershing Yoakley & Associates, P.C. is pleased to present the May 2011 Audit & Accounting Update. This publication is designed to provide direct access to current audit and accounting information that is relevant to you. FASB Activities Recently Completed Projects and Exposure Drafts The Financial Accounting Standards Board (FASB) released Accounting Standards Update (ASU) No. […]
www.pyapc.com/insights/healthcare-aa-update/In response to constituent concerns about the cost and complexity of performing the first step of the two-step goodwill impairment test required under Accounting Standards Codification (ASC) Topic 350, Intangibles – Goodwill and Other, the Financial Accounting Standards Board (FASB) recently issued a Proposed Accounting Standards Update (PASU). The objective of this PASU is to […]
www.pyapc.com/insights/fasb-issues-a-proposed-accounting-standards-update/Pershing Yoakley & Associates, P.C. is pleased to present the September 2010 Audit & Accounting Update. This publication is designed to provide direct access to current audit and accounting information that is most relevant to you. FASB Activities Recently Completed Projects The FASB released one Accounting Standards Update (ASU) in the month of September 2010. […]
www.pyapc.com/insights/september-2010-audit-accounting-update/As a continuation of our summaries sent on March 22nd and March 24th related to the recently-passed healthcare reform bill, PYA has outlined below additional detail related to certain taxation implications contained in the legislation. Upcoming Changes for Businesses due to Healthcare Reform On March 23rd, President Obama signed into law the Patient Protection and […]
www.pyapc.com/insights/upcoming-changes-for-businesses-due-to-healthcare-reform-3/Regulatory Changes Affecting the Financial Industry are Coming The U.S. Senate recently passed a landmark bill containing extensive regulatory changes affecting the financial industry. The bill, passed by the Senate with a vote of 59 to 39, will be reconciled with a similar bill passed by the U.S. House of Representatives last December. A conference […]
www.pyapc.com/insights/regulatory-changes-affecting-the-financial-industry-are-coming/As a continuation of our summaries sent on March 22nd and March 24th related to the recently-passed healthcare reform bill, PYA has outlined below additional detail related to certain taxation implications contained in the legislation. Upcoming Changes for Businesses due to Healthcare Reform On March 23rd, President Obama signed into law the Patient Protection and […]
www.pyapc.com/insights/upcoming-changes-for-businesses-due-to-healthcare-reform-2/Regulatory Changes Affecting the Financial Industry are Coming The U.S. Senate recently passed a landmark bill containing extensive regulatory changes affecting the financial industry. The bill, passed by the Senate with a vote of 59 to 39, will be reconciled with a similar bill passed by the U.S. House of Representatives last December. A […]
www.pyapc.com/insights/regulatory-changes-affecting-the-financial-industry-are-coming-2/Disclosure Form Required for All Family-Owned Noncorporate Entities On Friday, June 13th, the Tennessee Department of Revenue (“Department”) mailed a Disclosure of Activity form to all family-owned noncorporate entities (“FONCE”) currently registered as exempt from franchise and excise tax. The disclosure of activity form must be completed and returned to the Department by July 18, […]
www.pyapc.com/insights/disclosure-form-required/
