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FASB officially delays 4 major standards

  • November 16, 2019

On Friday, FASB issued two new Accounting Standards Updates (ASU) that delay many of the effective dates for new standards on leases, hedging, current expected credit losses (CECL), and long-duration insurance contracts. Continue Reading

Double Your Profit

  • September 24, 2019

To increase profit, most CFOs focus on cutting cost. Learning how to avoid pricing mistakes could be a far more effective path to improving the bottom line. Continue Reading

CAMICO Tip of the Month: Preparing for the next recession

  • August 28, 2019

With experts predicting that the next recession will begin in 2020 or 2021, CPA firms would be wise to prepare for an economic downturn. A key risk management technique is to provide good client service and communications that help clients better understand and reduce their exposures to fraud. Continue Reading

3 keys for making good corporate decisions -- quickly

  • May 21, 2019

Decision-making can be improved when the process involves all relevant stakeholders but the decision is delegated to the proper reporting level, according to McKinsey research. When such decisions also account for enterprise-level concerns, companies can move quickly without sacrificing quality. Continue Reading