This article was original published in the May 2019 Career Education Review and reproduced here with permission. Article originally posted Read More
Featured Articles
How to Avoid a Letter of Credit After a Change in Ownership
By: Dave McClintock, CPA Making an acquisition in a highly regulated industry like postsecondary education means following required procedures and Read More
Webinar – Calculating Your Institution’s 90/10 Rate
The new audit guidelines have brought about a multitude of obstacles for secondary education leaders and auditors alike. McClintock & Read More
What Does the New Revenue Recognition Accounting Standard Mean for Your Institution?
By Jennifer L. DeBor, CPA, Audit Manager, McClintock & Associates, P.C. Originally published in the January 2018 issue of Career Read More
Statement of Cash Flows Update
By Jennifer Debor, CPA The Financial Accounting Standards Board (FASB) issued two accounting standard updates (ASU), ASU 2016-15 and Read More
Audit Guide Revisions: Impacts of Bonus, Commissions, and Other Incentive Payments
by Callie Clark Revisions in the new Audit Guide for proprietary schools and Title IV third party services that was Read More
The New Lease Standard – The Perfect Storm for Failing the Composite Score Ratio
By Michael T. Wherry, CPA, Director/Shareholder and Ted Blendermann, CPA Director/Shareholder, McClintock & Associates, PC Originally published in the June Read More
New Audit Guide 90/10 Changes
On September 27, 2016, the Department of Education released the much anticipated new Audit Guide for proprietary schools and Title Read More
Notice of Proposed Rulemaking for Cash Management
By Joseph A. Repko, CPA There are a few changes being proposed to the Cash Management regulations and the requesting Read More
Presentation of Debt Issuance Costs
By Callie White In April, 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2015-03: Interest – Read More
