by BDO USA | Apr 18, 2014 | Articles, ASC 360, Fixed Asset Accounting, PP&E (Property, Plant, & Equipment), US GAAP Accounting
This article, "FASB Issues Update for Discontinued Operations," originally appeared on BDO.com. On April 10, 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014-08, Presentation of Financial Statements (Topic 205) and...
by BDO USA | Feb 4, 2014 | Articles, Cost of Sales & Service, Expense Accounting
This article, "Why Should I Segregate Pre-Opening Costs?," originally appeared on BDO.com. There are a variety of costs related to opening a new location. Some expenses, such as new kitchen equipment, will be capitalized and depreciated over time. Other expenses, such...
by BDO USA | Jan 28, 2014 | Articles, Compensation, Cost of Sales & Service, Debt, Expense Accounting, Interest
This article, "Interest and Wages During Construction – Capitalize!," originally appeared on BDO.com. There are a variety of costs related to constructing a new location. Some expenses will hit the profit and loss (P&L) as incurred and others will be capitalized...
by BDO USA | Aug 16, 2013 | Articles, Compensation, Expense Accounting, Industry Accounting, Non-Profit
If you’re a highly-compensated executive at a nonprofit and in a position to influence how much you earn, you may be at risk. Nonprofit executives who are paid what might be considered excess benefits in their compensation packages could be subject to a substantial...
