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FASB Proposes Extended Effective Dates for Private Companies and Nonprofits
Yesterday the Financial Accounting Standards Board (FASB) issued a proposed Accounting Standards Update that changes the effective date for certain new accounting standards. Private companies and nonprofits will
ARB Reveals New Brand Identity
FOR IMMEDIATE RELEASE The partners at Albin, Randall and Bennett (ARB) are proud to unveil a new brand identity for the firm. The refreshed brand
How much will your business lose to fraud this year?
If you don’t have good internal controls, your business could lose a lot. According to the Association of Certified Fraud Examiners (ACFE) 2018 Report to
CECL Adoption: A Complex Journey for Credit Unions
Financial institutions gained some breathing room last summer when the implementation deadline for the new CECL reporting standard was pushed to 2022 for non-publicly traded
Key Steps for Preparing a Business for Sale
It’s your largest asset and one that you have spent a lifetime building. Preparing your business for sale may seem daunting, but one thing is
Maine and Connecticut Adopt Paid Family and Medical Leave
Last month we told you about the approaching effective date for the new Paid Family and Medical Leave law in Massachusetts. Since then, both Connecticut
Mills Announces Four-Part Plan to Reopen Maine Economy
Update as of May 1, 2020: Stage 1 of the Governor’s plan to reopen the Maine economy commences today. Businesses in the Stage 1 sectors
Webinar Recording- Weathering the Storm: CARES Act Relief and Cash Management Strategies for Small Businesses
Recently, ARB’s David Jean, CPA, CCIFP and CExP along with Andrew Helman and Katie Krakowka, business restructuring attorneys from Murray Plumb & Murray, presented a webinar on critical steps
OMB Issues Guidance to Federal Agencies for Administering Federal Awards
The Office of Management and Budget (OMB) has issued Memorandum M-20-22, which provides federal agencies with guiding principles to aid federal contractors and award recipients
President Trump Signs Additional Stimulus Bill into Law
On Friday, April 24, 2020, President Trump signed an additional coronavirus aid bill into law, the Paycheck Protection Program and Health Care Enhancement Act, which
Treasury Department Updates FAQs to Address Questions About Publicly Traded Companies Receiving PPP Loans
Many people have read the Treasury Department’s Frequently Asked Questions. Last night Question #31 was added to the document, which addresses media coverage of several