The GASB releases an exposure draft on Monday that is designed to promote uniformity in state and local government accounting for eradicating debt early. The exposure draft, Certain Debt Extinguishment Issues, is intended for transactions when only existing resources are placed in a trust for the purpose of getting rid of debt. GASB standards currently… Read More


Accounting principles are the rules and guidelines that companies must follow when reporting financial data. The common set of U.S. principles is the generally accepted accounting principles (GAAP). To remain listed on many major stock exchanges in the United States, companies must regularly file financial statements reported according to GAAP. Explaining Accounting Principles Accounting principles… Read More

Insero & Co

Insero & Co. CPAs was recently named as one of the 2016 Best Accounting Firms to Work for by Accounting Today for the fifth consecutive year. Accounting Today has partnered with Best Companies Group to identify companies that have excelled in creating quality workplaces for employees. Insero is the only firm in New York state… Read More