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By Brenda DeCosta, Partner, Assurance Services
On June 16, 2016, the Financial Accounting Standards Board issued ASU 2016-13, Financial Instruments - Credit Losses Topic 326, Measurement of Credit Losses on Financial Instruments.
By David St. Yves, Partner, Assurance Services
On December 22, 2017, President Trump signed the historic Tax Cuts and Jobs Act into law. The most significant provision in this bill that will have a positive impact on...
Welcome to The Vault
Welcome to the first edition of Marcum LLP's The Vault, a quarterly newsletter providing clients, referral sources, colleagues, and community financial institutions an update on trends in the marketplace.
By James Dowling, CPA, MBA, Manager, Assurance Services
As the community banking industry continues down the road towards implementation of the Current Expected Credit Loss Model ("CECL"), institutions are inundated with information, sound bites, webinars and conferences on...
By Christopher Johnson, CPA, Senior Manager, Assurance Services
Periodically, the Financial Accounting Standards Board issues Accounting Standards Updates that comprise a host of unrelated topics, as is the case with ASU No. 2019-19 "Technical Corrections and Improvements," issued...
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