In 2016, the Financial Accounting Standards Board issued Accounting Standards Update 2016-13 Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. The update changes the way an entity measures its credit losses (bad debts) for most financial assets, including trade accounts receivable. This Client Alert provides an overview of the new credit loss standard with a focus on the key provisions that will be common to most entities.
11.03.23
ORBA Wealth Advisors Welcomes Collin Woulfe as a Private Client Associate
ORBA Wealth Advisors, providing wealth management for high-net-worth individuals and families, is pleased to announce the appointment of Collin Woulfe as its new Private Client Associate.
03.21.25
Disaster Victims of the 2025 California Wildfires may Qualify for Tax Relief
02.11.25
President Trump’s Tax Plan: What Proposals are Being Discussed in Washington?
01.14.25
Attention All Illinois Taxpayers: The Illinois Gives Tax Credit Act
01.06.25
01.02.25
