• Potential impacts of DACA repeal

    The potential repeal of the Deferred Action for Childhood Arrivals Program (DACA) has higher education institutions contemplating the impact of such an action on their students and young faculty. 
  • Update allows later adoption of revenue, leases standards for some businesses

    Businesses that meet the definition of a public business entity because their financial statements have to include, or be included, with the financial statements or financial information of other public companies can have more time to adopt the FASB's revenue recognition and lease accounting standards. The organizations can adopt the new standards at the same time as private companies, the FASB said in an update to U.S. GAAP.
  • Effective project management for financial system implementations

    The sun is slowly setting on the Elite Enterprise support, requiring many systems to be converted, while other firms are looking for more advanced and robust applications. Baker Tilly shares insights on how replacing these older legacy accounting systems is a prime opportunity to organize business operations and effectively summarize financial data into management reports.