The Bureau of Consumer Financial Protection (still the CFPB) has finalized long-coming rules around Ability to Repay (ATR) and Qualified Mortgages (QM) under Truth in Lending (Reg Z)...
Continue ReadingThe Bureau of Consumer Financial Protection (still the CFPB) has finalized long-coming rules around Ability to Repay (ATR) and Qualified Mortgages (QM) under Truth in Lending (Reg Z)...
Continue ReadingThe first steps towards viewing – and treating – your business as an investment It is estimated that 75% of all private businesses are owned by households for which the business...
Continue ReadingCharter schools are part of a broad movement in public education toward results based accountability, and began operating in New York through the New York Charter School Act of 1998....
Continue ReadingAuthor: Robert Wood Different types of opinions have different implications for understanding the issue of “going concerns” Accountants reconsider the “going concern” assumption each time...
Continue ReadingAuthor: Paul Muldoon Beware of bloated assets, understated liabilities, and unrecorded items. Many liabilities may be out of sight, but never out of a lender’s mind. For instance, a...
Continue ReadingAuthor: John Costello FASB releases new ASUs regarding alternate reporting methods but don’t worry – it’s good news for Asset Based Lenders! For a number of years, small businesses and...
Continue Reading