The Office of Management and Budget (OMB) updated and revised guidance for federal financial assistance, including revisions to 2 CFR Part 200 Uniform Administrative...Read More
The SECURE Act 2.0 enacted on Dec. 29, 2022 has brought significant changes to the retirement plan provisions and is designed to encourage more...Read More
The AICPA Auditing Standards Board (ASB) issued Statement on Auditing Standards (SAS) No. 145, Understanding the Entity and Its Environment and Assessing the Risks of...Read More
Accounting Standards Update (ASU) 2016-13: Financial Instruments – Credit Losses (Topic 326) implementation starts with fiscal years ending December 31, 2023, but the adoption...Read More
The Financial Accounting Standards Board (FASB) has issued an accounting standards update ASU No. 2020-07 (ASU) Presentation and Disclosures by Not-for-Profit Entities for Contributed...Read More
The Small Business Administration (SBA) is seeking permission from the Office of Management and Budget (OMB) to collect information on loan necessity from borrowers...Read More
Calibre CPA Group Partner Mary Margaret Prange and Senior Manager James Poulos will be speaking at the upcoming Accounting and Auditing Institute for Employee...Read More
As part of FASB’s ongoing initiative to improve the effectiveness of the notes to the financial statements, modifications were made to the fair value...Read More
Small Business Administration (SBA) Paycheck Protection Program (PPP) loans, administered under the 7(a) guaranty loan program, are being provided through local financial institutions. While...Read More
