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Not-for-Profit Reporting Model - Part 2: Board-Designated or Quasi-Endowment Funds

In Part 1 of our NFP Reporting Model series, we discussed FASB's proposed ASU on the presentation ot financial statements of not-for-profit entities ... read more >

Got Gas... or Coal? The Proposed EPA Regulations

The Environmental Protection Agency (EPA) recently proposed four regulations affecting coal-fueled electricity generating units. The regulations are the: ... read more >

FASB Approves GAAP Exceptions For Private Companies


By Michael Stetson

During their meeting on November 25, 2013, in a much anticipated decision, the Financial Accounting Standards Board (FASB) endorsed two GAAP exceptions ... read more >

Not-for-Profit Financial Statements Project Update

This is a follow-up to an Insight posted on July 1, 2013 titled “Not-for-Profit Financial Statements Project Update,” which discussed a project ... read more >

Construction, On the Road to Recovery in the Pittsburgh Region

Is construction on the road to recovery in the Pittsburgh region? According to a recent article in the July/August Breaking Ground magazine, the amount ... read more >

2013 EACUBO Workshop

On June 26, 2013, members of the Schneider Downs Higher Education Industry Group attended and presented at the 2013 EACUBO Pittsburgh Workshop at the Four ... read more >

Russell Golden to Chair FASB


By Michael Stetson

The Financial Accounting Foundation’s board of trustees has named Russell G. Golden as the next chairman of the Financial Accounting Standards Board, ... read more >

On the Radar: Pennsylvania Business Privilege Tax Revisited

On December 27, 2007, the Pennsylvania Supreme Court announced its decision in V.L. Rendina Inc. v. City of Harrisburg, concluding that The Local Tax Enabling ... read more >