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Professional & Technical Issues

  • The New Credit Loss Standard and the CECL Model

    After almost a decade of study, the Financial Accounting Standards Board (FASB) released an accounting standard on the credit losses on financial instruments. In rethinking how credit losses should be recognized and measured, however, FASB created a standard that affects the accounting for a wide variety of financial instruments and a wide variety of entities.
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  • DOL Proposes Significant Overhaul to Form 5500

    Form 5500 is the primary documentation disclosed to participants and beneficiaries of employee benefit plans. It is an essential compliance tool for the Employee Benefits Security Administration, and it is in the process of being modernized to fit today’s plan operations and practices.
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PICPA Initiatives


  • Pa. Lawmakers Return as Summer Recess Ends

    For the PICPA government relations team in Harrisburg, we know fall is here when state lawmakers come back in session following their summer recess. The first rule in politics is to do no harm (or as little as possible) in the course of the legislative process leading up to an election. The exception to this rule may be in state pension reform.
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CPA Exam & Licensure

Careers & Lifestyles

  • A View from the Top

    This past August, the Greater Philadelphia Women of the PICPA Committee hosted a Path to Partner panel, which spoke on their professional journey, the role mentors played in helping them along the way, and whether they feel like they’ve achieved success.
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