Visit our new Inflation Reduction Act Resource Center to find answers to your questions about this landmark clean energy legislation.
Learn MoreHistorically, entities recognized a credit loss when it was probable to occur under U.S. GAAP. Now, ASU 2016-13 has removed the “probable” threshold. The current expected credit loss (CECL) model in effect for private companies for the years beginning after December 15, 2022, requires consideration...
Read MoreGenerally accepted accounting principles (GAAP) did not historically provide specific guidance on how to account for the formation of a joint venture. In response to diversity in practice, earlier this year FASB issued ASU 2023-05, Business Combinations – Joint Venture Formations (Subtopic 805-60):...
Read MoreThis year our fall CPE conference took on a slightly different shape. We of course had technical-focused educational sessions on topics geared toward private companies, but we also had the opportunity to join our investment industry colleagues and clients for extended networking and some fantastic...
Read MoreAt this year’s fall Cohen & Company CPE Day, there was a special feeling in the air as our colleagues, peers and friends came together live and in person to learn from our presenters and each other about a variety of issues for their businesses. Below are some of the highlights from the day. 1....
Read MoreTalk about being thankful. We had more than 350 clients and friends register for our annual fall CPE day — undaunted by the virtual format we presented in again this year. We are always truly happy to put together this day, no matter the format, to help educate clients on what they need to know for...
Read MoreThis year’s 2021 Virtual Summer CPE Series was another great way for us to reach out and help our private company clients stay on top of important issues for their businesses. We are grateful for everyone who joined us over the past couple of months, giving us the chance to speak and answer...
Read MoreWe’re so grateful for the opportunity to bring our fall CPE series to clients and friends over the past several weeks. We focused our time together on year-end planning strategies — what to do in a variety of scenarios to maximize opportunities to come out stronger as we start 2021. Particularly,...
Read MoreNot-for-profits have been hit hard by the COVID-19 pandemic. However, affected organizations who serve low-income Ohioans have the chance to receive a portion of $25 million in additional grant funding provided by the Coronavirus Aid, Relief and Economic Security (CARES) Act. Interested...
Read MoreWe were excited to offer Cohen & Company’s 2020 Virtual Summer CPE Series over the past several weeks. As we all know by now, it is even more important than ever to stay connected in these challenging times. We were grateful to have so many of our clients and friends attend — whether from their...
Read MoreYour organization may have received a loan under the Paycheck Protection Program (PPP). Now that you have begun expending those funds, you may be wondering the appropriate way to account for them. Unlike for-profit entities currently, not-for-profit accounting already has clear guidance in place on...
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