Tag: Danielle MacKenzie

Looking Ahead: Accounting Standards on the Horizon in 2026 for Nonpublic Entities

Written By: Danielle MacKenzie, CPA, MSA Key Points Several additional Accounting Standards Updates will affect nonpublic entities in 2026 and beyond Upcoming changes include updates related to credit losses, internal use software, and tax disclosures Early planning and evaluation can…
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Understanding the 2025 Accounting Standards for Crypto Assets and Joint Ventures

Understanding the 2025 Accounting Standards for Crypto Assets and Joint Ventures

Written by: Danielle MacKenzie, CPA, MSA Key Points Two new accounting standards are fully effective this year: ASU 2023-08 on crypto assets and ASU 2023-05 on joint venture formations  These standards change measurement and presentation requirements for 2025 financial statements …
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