McClintock Minute


Recent 2015-4 Fall Newsletter Articles

Fall 2015 Brings Several New Additions to the M&A Family

By McClintock & Associates December 20, 2016

Congrats are in order for the staff of McClintock & Associates! With two recent weddings, a new baby boy, and a new baby girl, M&A now has four additions to our growing family. Callie White was married to Jason Clark on September 5th and John Mioduszewski married his new wife...

Notice of Proposed Rulemaking for Cash Management

By McClintock & Associates December 20, 2016

By Joseph A. Repko, CPA There are a few changes being proposed to the Cash Management regulations and the requesting and disbursement of funds we want to highlight. The first proposed change we are highlighting will impact institutions on the Reimbursement Payment method and Heightened Cash Monitoring (HCM). If an institution uses...

Independent Contractor Versus Employee – New Guidance from Department of Labor or New Confusion?

By McClintock & Associates December 20, 2016

By Kelly A. Brennen If your business has both employees and independent contractors, it can be very difficult to distinguish between the two categories. On July 15, 2015, the U.S. Department of Labor (DOL) issued a 15-page administrator’s interpretation memo regarding application of the misclassification of workers as independent contractors for...

Presentation of Debt Issuance Costs

By McClintock & Associates December 20, 2016

By Callie White In April, 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2015-03: Interest – Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs. The FASB issued this update as a part of its Simplification Initiative to eliminate what the Board determined to be...