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Accounting for Your Software Costs

Accounting for Your Software Costs

by Doeren Mayhew | Jan 5, 2023 | Articles, Goodwill Accounting, US GAAP Accounting

Summary provided by MaterialAccounting.com: This article provides an update on the FASB’s developing rules for disclosing and presenting software costs.  —- What do Tesla cars, smart TVs and equipment used for making french fries have in common? The answer...
Goodwill in a Bad Economy

Goodwill in a Bad Economy

by Doeren Mayhew | Apr 26, 2022 | Articles, Goodwill Accounting, Impairment, Intangible Assets

Summary provided by MaterialAccounting.com: This article provides information about the value of acquired goodwill and testing for impairment in the current economy.  — In today’s volatile economy, many businesses and non-profits have been required to write down...
Marijuana Banking: Things To Be On the Lookout for in an Evolving Industry

Marijuana Banking: Things To Be On the Lookout for in an Evolving Industry

by Doeren Mayhew | Apr 1, 2022 | Articles, Financial Services, Industry Accounting

By Rachel Backus, BSACS – Internal Audit and Compliance Manager, Financial Institutions Group Over the past few years, the United States has experienced continued growth in the cannabis industry. According to the National Conference of State Legislatures, 18 states to...
Understanding Enterprise Risk Management Today: The Basics

Understanding Enterprise Risk Management Today: The Basics

by Doeren Mayhew | Sep 28, 2021 | Articles, Assurance

Credit unions today deal with greater complexity in the business environment and face a variety of risks arising from rapid changes in technology, volatile economic conditions and increasing regulatory compliance requirements. Strategic initiatives must be achieved...
R&D Tax Credits for Manufacturers

R&D Tax Credits for Manufacturers

by Doeren Mayhew | Dec 19, 2019 | Articles, Expense Accounting, Research & Development

When most people think of research and development (R&D), they tend to think of technicians in a lab creating brand-new, state-of-the-art products. R&D takes place in many different fields, including manufacturing. The Internal Revenue Service (IRS) offers...
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Material Accounting

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