DHS Amends Haiti TPS Designation Implications for Employers and Form I-9 Compliance

DHS Amends Haiti TPS Designation: Implications for Employers and Form I-9 Compliance

By Christopher Wood, CPP, Checkpoint The Department of Homeland Security (DHS) recently adjusted the Temporary Protected Status (TPS) for Haiti. This change means some employers need to update their Form I-9 paperwork. It’s a good reminder for all employers to keep an eye on immigration policy updates and make sure their employee records are up-to-date. Key changes …

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Programmatic Investments, of the AICPA Audit and Accounting Guide, Not-for-Profit Entities

Programmatic Investments, of the AICPA Audit and Accounting Guide, Not-for-Profit Entities

The AICPA issued a working draft of Chapter 8, Programmatic Investments, of the 2024 AICPA Audit and Accounting Guide, Not-for-Profit Entities (Audit Guide), on May 9, 2024, for public comment. The working draft gained feedback from accountants on the application of FASB ASC 326,Financial Instruments—Credit Losses (also known as the current expected credit loss model or CECL), and how CECL …

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GASB Issues Subsequent Events Exposure Draft

GASB Issues Subsequent Events Exposure Draft

On November 13, 2024, GASB issued an Exposure Draft (ED) of a proposed Statement of Governmental Accounting Standards for public comment. Comments are due by February 21, 2025. The proposed statement is titled “Subsequent Events” and is available on GASB’s website at www.gasb.org. Overview In this ED, GASB proposes to define subsequent events and change the …

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