Author Archives: DMLO CPAs

Effective Date Delayed for Leases, Credit Losses, Hedging & Insurance

The FASB issued two Accounting Standards Updates (ASUs) earlier this month that finalize various effective date delays for standards on leases, current expected credit losses (CECL), hedging, and long-duration insurance contracts: ASU 2019-09, Financial Services—Insurance (Topic 944): Effective Date, ASU … Continue reading

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2020 Accounting Leadership Engagement And Development Program (L.E.A.D.)

College accounting students: we’d like to invite you to join us for our 2020 Accounting Leadership Engagement and Development program (L.E.A.D.). Learn about #CPALife, our firm, how to have an awesome interview, and the skills you need to be recognized … Continue reading

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Update on Treatment of Qualified Transportation Fringe Benefit Expenses

The Internal Revenue Service recently issued interim guidance regarding the treatment of qualified transportation fringe benefit expenses paid or incurred after Dec. 31, 2017. The new rules assist taxpayers in determining the amount of parking expenses that are no longer tax deductible. … Continue reading

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Top 10 Reasons DMLO CPAs Is Your Top Choice

Wondering how you are going to figure out where you fit best, when CPA firms often seem to be more similar than different at first glance? Look closer, and you will find we each have a distinct ‘personality’ and culture, … Continue reading

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Upcoming Changes For Not-For-Profit Financial Statements

Changes in annual not-for-profit financial statements prescribed in Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities (ASU 2016-14) will affect substantially all NFPs. They are designed to provide more relevant information about an organization’s resources, and the changes in … Continue reading

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