Which Intangibles Should Private Firms Report Following a Merger?

June 18, 2018

By Scott Levy, CPA 2018 is expected to be a hot year for mergers and acquisitions. But accounting for these transactions under U.S. Generally Accepted Accounting Principles (GAAP) can be complicated, especially if the deal involves intangible assets. Fortunately, the Financial … read more

Related-Party Transactions

June 11, 2018

By Scott Levy, CPA Business owners generally prefer to work with entities they know and trust. But related-party transactions can provide opportunities for individuals to act in a manner that’s inconsistent with the interests of shareholders. That’s why auditors take pains … read more

Compliance Newsflash – June 6, 2018

June 6, 2018

DLA is committed to keeping our clients and friends updated on relevant news and topics in the industry by distributing a weekly Compliance Newsflash. We hope this provides you with helpful and insightful information for you and your firm! Join … read more

Don’t Let Collaborative Arrangements Cause Financial Reporting Headaches

June 4, 2018

By Scott Levy, CPA Businesses often enter into so-called “collaborative arrangements” when they partner with another entity on a major project. Unfortunately, the current guidance for these types of arrangements under U.S. Generally Accepted Accounting Principles (GAAP) is somewhat vague. Here … read more

Compliance Newsflash – May 30, 2018

May 30, 2018

DLA is committed to keeping our clients and friends updated on relevant news and topics in the industry by distributing a weekly Compliance Newsflash. We hope this provides you with helpful and insightful information for you and your firm! Join … read more

It’s Time For a Mid-Year Checkup!

May 29, 2018

By Scott Levy, CPA Time flies when you’re busy running a business. But it’s important to occasionally pause and assess interim performance — otherwise you’re likely to be surprised by the year-end results. When reviewing midyear financial reports, however, recognize their … read more

Are you ready for the new not-for-profit reporting standard?

By Scott Levy, CPA Starting in 2018, a new accounting standard goes into effect for charities, public universities and colleges, and other types of cultural, religious and trade-related not-for-profits. Accounting Standards Update (ASU) No. 2016-14, Not-for Profit Entities (Topic 958): Presentation of … read more

IRS Issues Guidance to Ease Transition to FASB’s New Revenue Recognition Rule

May 18, 2018

By Scott Levy, CPA In 2014, a new accounting standard on how to recognize revenue from contracts was issued by the Financial Accounting Standards Board (FASB). Now the IRS is allowing a new automatic change in accounting method for businesses to … read more

Compliance Newsflash – May 16, 2018

May 16, 2018

DLA is committed to keeping our clients and friends updated on relevant news and topics in the industry by distributing a weekly Compliance Newsflash. We hope this provides you with helpful and insightful information for you and your firm! Join … read more

DLA, LLC partners with other member firms at FINACA’s Spring event to share insights

May 15, 2018

DLA, LLC  is a proud member of the Finance and Accounting Consultants Alliance (FINACA), a nationwide network of consulting firms specializing in the areas of accounting, internal audit, and financial management. We partner alongside other firms in our industries to … read more

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