by Controllers Council | Aug 16, 2021 | Legislation, Tax
Understanding depreciation and amortization is crucial when calculating business deductions. These deductions adhere to guidelines set by U.S. law. Financial officers must understand how to navigate these regulations in order to manage their company’s finances. ...
by Controllers Council | May 24, 2021 | Funding, Legislation
Chief Financial Officers and Controllers should be familiar with the Sarbanes-Oxley Act of 2002. After some highly-publicized financial scandals, Congress passed new regulations that imposed stricter record-keeping requirements and other regulatory policies on...
by Controllers Council | Mar 18, 2021 | Legislation
With every change in the executive branch, so comes regulatory change. Presidents get to appoint their people to head the alphabet soup of regulatory bodies, and with each person appointed comes a vision and plan for how this department operates. In the past few...
by Controllers Council | Mar 17, 2021 | COVID-19, Legislation
If you haven’t heard, the House passed President Joe Biden’s $1.9 trillion stimulus bill, the last step before it goes to his desk to be signed into law. But will this affect you? If so, how? We look to break down the bill in today’s blog. Main Provisions of the...
by Controllers Council | Jan 20, 2021 | Legislation, Trends
The past few months have given us a lot of change. From election season to the end of year craziness, businesses have been focused on staying ahead of the new landscape set to befall us over the next four years. From analyzing the tax proposals and hopes of the Biden...
by Controllers Council | Jan 17, 2021 | Accounting, Legislation
Now a few years active and more than half a decade since its announcement, ASC 606 remains a key focus. Implementation issues remain a concern and many still have questions. In discussions at the conference, highlights from the Office of the Chief Accountant (OCA)...
