by DMJ & Co., PLLC | Jan 11, 2021 | Audit and Accounting, NonProfit, Tax Watch
The Financial Accounting Standards Board (FASB) has released ASU 2020-07, Not-for-Profit Reporting of Gifts-in-Kind. The purpose of the ASU is to improve GAAP reporting by increasing the transparency of the presentation and disclosure of contributed nonfinancial...
by Milton Howell, CPA | Aug 24, 2020 | Audit and Accounting, COVID-19 Services, Healthcare, Hospitality & Restaurants, Manufacturing & Distribution, NonProfit, Professional Services, Real Estate & Construction, Tax, Tax Consulting, Tax Watch
BACKGROUND On March 27, 2020, the President signed the Coronavirus Aid, Relief, and Economic Security Act, enacting it into law. The bill had been passed overwhelmingly, in a bipartisan manner, by both the House and Senate, as legislators struggled to take action to...
by DMJ & Co., PLLC | Jul 13, 2020 | Audit and Accounting, COVID-19 Services, NonProfit, Resources
CARES Act Takeaways for Single Audits | Accounting & Auditing | DMJ & Co., PLLC There’s no disputing that the intent of the Coronavirus Aid, Relief, and Economic Securities (CARES) Act of 2020 is to provide immediate and tangible economic relief to American...
by Arthur M. Winstead, Jr., CPA | Aug 1, 2017 | Audit and Accounting, Inside DMJ, News
DMJ & Co., PLLC, a North Carolina CPA and accounting firm, is pleased to announce that Arthur M. Winstead, Jr., CPA, Partner, has been appointed to a three-year term serving the North Carolina State Board of CPA Examiners Board of Directors by Governor Roy Cooper....
by DMJ & Co., PLLC | Mar 30, 2017 | Audit and Accounting, Fraud, Real Estate & Construction
Compared to the risks a construction company faces on the job every day, fraud may seem like a relatively small danger. It isn’t. A construction company that falls prey to fraud experiences a median loss of $330,000, according to the Association of Certified Fraud...