At LBMC, we serve clients from a variety of industries with in-depth expertise in each field. Some of these industries include government, insurance, not-for-profit, privately-owned, public companies, and sports and entertainment.

Revenue Recognition Standards Have Changed – What Does My Company Do Now?

Revenue recognition accounting standards drastically changed for middle market nonpublic businesses, effective January 1, 2019, for those with a calendar year-end. What do we need to do to comply with these changes, and how do we get there? Read the article to find out.

Revenue Recognition Rule Changes Under TCJA

The Tax Cuts and Jobs Act (TCJA) contains a provision that ties revenue recognition for book purposes to income reporting for tax purposes, for tax years starting in 2018.

Five Ways Technology is Helping Non-Profits

Non-profit organizations are embracing technology to measure and report their performances. When used strategically, technology can not only show performance, but also help business growth and greater efficiency.