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How the New Revenue Recognition Standard Will Impact the Transportation Industry

Katz,Sapper&Miller

Under current revenue recognition standards, transportation companies generally recognize revenue upon delivery of freight to the customer. Related transportation and delivery expenses directly associated with the shipments are recorded once the revenue is recognized. 2014-09, Revenue from Contracts with Customers (Topic 606).

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AICPA Offers Financial Tips to Recent Hurricane Victims

CPA Practice

Money Management Gather a list of your financial accounts, account numbers and contact information for each company. Many homeowners’ policies cover additional living expenses such as housing and food costs, temporary residence, additional costs for transportation to and from work and school, and storage expenses.

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Miller and Schuh to Present Lease Accounting Update at Iowa Motor Truck Association Member Webinar

Katz,Sapper&Miller

Jason Miller and Shane Schuh with KSM’s Transportation Services Group will present “Lease Accounting Update and its Impact on the Transportation Industry” to members of the Iowa Motor Truck Association on Dec. 15, 2018 and is the first comprehensive overhaul in lease accounting in approximately 40 years.

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Miller, Hooper, and Hogan to Present at 2018 McLeod CFO Conference

Katz,Sapper&Miller

Katz, Sapper & Miller's Jason Miller, Randy Hooper, and Troy Hogan, with the firm’s Transportation Services Group, will present at McLeod Software’s second annual CFO conference.

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Court Rules Against Coca-Cola Israel in Tax Dispute

CPA Practice

buys extracts from an authorized Coca-Cola supplier, prepares the drinks by adding ingredients, bottles and transports them to the marketing and sales points. including both oral and written agreements, reports, audits, current instructions and financial accounting. s contracts were with the Coca-Cola Co.,

Tax
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Friday Footnotes: CPA Exam Scares Accounting Majors Away; EY Loses Fees in China | 5.12.23

Going Concern

Shawver will serve as the new chair of the Financial Accounting Standards Board panel devoted to private company accounting concerns, FASB’s parent organization announced Friday. 1, 2024, the Financial Accounting Foundation said. “In

CPA
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GASB Statement No. 102, Certain Risk Disclosures, Update

Cherry Bekaert

Several years ago, the Financial Accounting Standards Board (FASB) issued what is now known as FASB Topic 275, Risks and Uncertainties , which requires certain disclosures about the nature of operations, the use of estimates in the preparation of the financial statements, and significant concentrations.