Clarifications on Accounting Rules for Retainage

Clarifications on Accounting Rules for Retainage

July 25, 2025 By Keiter CPAs Ongoing Uncertainty Around Retainage The implementation of ASC 606 has brought about vast changes in how companies, particularly those in the construction industry, account for contracts with customers. Despite 6 years of ASC 606...
Staff Spotlight: Courtney Corallo

Staff Spotlight: Courtney Corallo

July 25, 2025 By Keiter CPAs Finding the right fit at Keiter Courtney Corallo, Business Assurance and Advisory Services Senior Manager, joined Keiter in 2012 and quickly discovered it was the perfect setting for her personal and professional development. Though she...
Accounting for Economic Disruption: Natural Disasters

Accounting for Economic Disruption: Natural Disasters

June 19, 2025 By Elizabeth K. Lewis, CPA, Partner Key Takeaways The Financial Accounting Standards Board (FASB) provides a framework for recognizing the effects of involuntary loss of assets due to events like natural disasters. Accurate documentation and compliance...