article thumbnail

What expenditures would have been capitalized versus expensed in converting a church building to Belltower Brewing Co.?

Wendy Tietz

in Kent, Ohio, purchased a 150-year-old church a few years ago. What expenditures would have been capitalized versus expensed in converting a church building to Bell Tower Brewing Co.? The owners of Bell Tower Brewing Co. Over a three-year period, they converted the church building into a two-story, 9,000-square foot brewery.

Ohio 40
article thumbnail

Friday Footnotes: Consulting Gets Bumpy for New Hires; Cities Sans Accountants; PCAOB Priorities | 4.21.23

Going Concern

Accountant Shortage Leaves Some US Cities Without Credit Ratings [ Bloomberg ] The municipality of Marion had planned to finance a new $10 million firehouse with a bond deal later this year, but that project and others are on pause because the city north of Columbus, Ohio, doesn’t have a credit rating.

Account 102
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

AICPA Recognizes Top 2022 CPA Exam Performers with Elijah Watt Sells Award

CPA Practice

Justin Chudzik (Pennsylvania), a graduate of the University of Pittsburgh with a Bachelor of Science in Business Administration (majoring in accounting) and a Master of Science in Accounting, is employed with the Financial Accounting Standards Board (FASB) in Norwalk, CT. Michael Paul Donnelly, Jr.

CPA 128
article thumbnail

Friday Footnotes: ‘KPMG Did Not Know What They Were Doing’; Are You Boring?; PCAOB Warns About Confirmations | 3.25.22

Going Concern

SEC accepts FASB’s 2022 reporting taxonomies [ CFO Dive ] The Securities and Exchange Commission has accepted updates to the Financial Accounting Standards Board’s GAAP Financial Reporting Taxonomy and SEC Reporting Taxonomy, FASB has announced. . — Mary (@AccountingAsArt) March 25, 2022.

article thumbnail

AICPA News – June 2023

CPA Practice

Justin Chudzik (Pennsylvania), a graduate of the University of Pittsburgh with a Bachelor of Science in Business Administration (majoring in accounting) and a Master of Science in Accounting, is employed with the Financial Accounting Standards Board (FASB) in Norwalk, CT. Michael Paul Donnelly, Jr.

article thumbnail

Monday Morning Accounting News Brief: Eff You, Pay Us; Let’s Complain About Auditing Again; RIP to a Real One | 8.14.23

Going Concern

.” Triad Business Journal discusses Cherry Bekaert’s big world domination plans : The firm will be bringing three new states to Cherry Bekaert’s footprint – Kentucky, Ohio and Indiana. All of the firm’s employees and offices will be retained, Cherry Bekaert CEO Michelle Thompson said. “We’ve

audit 52