Mary Alison Capps

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So far Mary Alison Capps has created 91 blog entries.

Commercial Real Estate Owners: Be Sensitive to How the New Lease Accounting Standard Will Affect Tenants

A huge sigh of relief could be heard when the Financial Accounting Standards Board (FASB) voted to approve a one-year deferral of the effective date of the new lease accounting standard for nonpublic companies. The one-year deferral comes at a time when most private companies and nonprofits are still working to comply with implementation of [...]

2019-11-01T15:12:25-05:00November 1st, 2019|Uncategorized|

CRI MELBOURNE – Debbie Goode: IIA Student Roundtable

CRI Partner Debbie Goode recently participated as one of 7 panelists for a student roundtable hosted by the local chapter of the Institute of Internal Auditors at Florida Information Technology Business School. This discussion was a Q & A session to present to the FIT Master in Accounting and Financial Forensics students about careers in [...]

2019-11-01T14:23:56-05:00November 1st, 2019|Around Town|

CRI BRADENTON – Tim Gruters: FGFOA School of Government Finance

CRI Partner Tim Gruters presented The Basic Components of the Annual Financial Report at this year's FGFOA School of Government Finance. This session provided an overview of the Annual Financial Report and its components. Additionally, Timothy covered what is required in the MD&A, notes, RSI and the statistical sections.

2019-11-01T12:52:55-05:00November 1st, 2019|Around Town|

Helpful Tips for Completing Medicare Cost Reports

If you have ever looked at a Medicare Cost Report (MCR), you likely cringe at the thought of having to fill out copious amounts of forms and data. If the sheer volume doesn’t faze you, the pressure to produce a comprehensive and entirely accurate report is enough to make most healthcare providers a little uneasy. [...]

2019-11-15T10:15:56-05:00October 29th, 2019|HEALTHCARE|

CRI RALEIGH – Scott Bailey: Benefits Companion Podcast

CRI Partner Scott Bailey was recently featured on the Williams Mullen Benefits Companion Podcast. He and host Brydon DeWitt discuss captive insurance arrangement strategies. You can listen to this podcast on Apple Podcasts, Spotify, Google Play, and Stitcher.

2019-10-25T12:19:37-05:00October 25th, 2019|Around Town|

CRI ATLANTA – Sam Clark: 2019 Georgia Construction Finance Conference

CRI Partner Sam Clark is speaking at the 2019 Georgia Construction Finance Conference on November 13, 2019, at the Cobb Energy Performing Arts Center. The program will cover revenue recognition, income tax reform, and more. During the program, Sam's presentation will discuss the new lease accounting standard and how it affects contractors.

2019-10-24T12:01:59-05:00October 24th, 2019|Around Town|

Much Anticipated Draft Regulatory Guidance on Current Expected Credit Losses (CECL)

On October 17, 2019, the Federal Financial Institutions Examination Council (FFIEC) issued the much-anticipated proposed draft Interagency Policy Statement on Allowance for Credit Losses (ACLs). The agencies issued the draft in response to changes in the accounting for credit losses under the Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 326 (most commonly [...]

2019-10-24T11:50:19-05:00October 24th, 2019|FINANCIAL INSTITUTIONS|

How are GASB 84 and Agency Fund Controls Connected?

GASB 84, Fiduciary Activities, has been released and is now effective for reporting periods beginning after December 15, 2018. This standard will have a large impact on agency funds—an element of government that often has less emphasis on effective financial controls. The implementation of GASB 84 will hopefully cause governments to address any weaknesses in [...]

2019-11-15T10:23:50-05:00October 23rd, 2019|GOVERNMENTS|

CRI DESTIN – Chad Branson: FGFOA School of Governmental Finance

CRI's Chad Branson will host a session at the 2019 Florida Governmental Finance Officers Association School of Governmental Finance. His session, entitled "Protecting Your Entity from Fraud and Misappropriation of Assets," will identify the key program areas and processes within government entities that are most at risk for fraud and misappropriation of assets including physical [...]

2019-10-17T14:53:03-05:00October 8th, 2019|Around Town|

CRI ATLANTA – Doug Mims: IIA Atlanta Chapter Financial Services Conference

CRI Partner Doug Mims will moderate a CECL panel at the third annual Institute of Internal Auditors Atlanta Chapter's 2020 Financial Services Conference. This roundtable, entitled "It's Never Too Early to Start Thinking About CECL," will cover lessons learned and best practices from a variety of perspectives. Panelists include top professionals from accounting, lending, regulatory [...]

2019-10-04T15:48:28-05:00October 4th, 2019|Around Town|

CRI ENTERPRISE – Bill Carr: Yellowhammer 15

We are very proud to announce that our Managing Partner, Bill Carr, has been selected as part of the inaugural Yellowhammer 15 Class of 2019. The preeminent honor is for those in the private sector that are moving Alabama forward through job creation, economic impact, community involvement and philanthropic endeavors.

2019-10-02T12:41:17-05:00October 2nd, 2019|Around Town|

Building Your Ideal Captive Board

Captive insurance companies have continued their march to the mainstream in recent years as more and more companies look for risk management solutions. As these companies begin taking advantage of captive benefits, they must remember that captives are insurance companies and proper governance is paramount. In doing so, the composition and operations of a captive [...]

2019-09-25T16:31:02-05:00September 25th, 2019|CAPTIVE INSURANCE|

Is an Opportunity Zone Play Right for Your Growing Manufacturing Business?

The opportunity zone incentive created by the 2017 tax law has generated a lot of interest in the business community. The tax benefits can be significant for investors who follow the process detailed in the statute, but owners who want to use the incentive to grow a manufacturing business need to understand that it takes [...]

2019-09-30T19:36:29-05:00September 24th, 2019|MANUFACTURING & DISTRIBUTION|

CRI ALBUQUERQUE – Alan “AJ” Bowers: Public Trust Advisors 2019 Public Finance Workshop

CRI Partner AJ Bowers is presenting at the Public Trust Advisors 2019 Public Finance Workshop on October 17, 2019, at the Hotel Parq Central. AJ's presentation will cover GASB 84, Fiduciary Activities. He will discuss the process for making the determination, provide examples of administrative and direct financial involvement, and review fiduciary fund types.

2019-10-08T17:56:00-05:00September 23rd, 2019|Around Town, Uncategorized|

CRI HOUSTON – Tram Nguyen: Certified Anti-Money Laundering Specialist (CAMS)

Carr, Riggs & Ingram Houston would like to congratulate Tram Nguyen on recently passing the Certified Anti-Money Laundering Specialist (CAMS) exam. We are proud to have you on the CRI team!

2019-09-19T16:00:30-05:00September 19th, 2019|Around Town, Uncategorized|

CRI BIRMINGHAM – Brian Barksdale and Jason Harpe: GASB 87 Lease Accounting Update

CRI Partners Brian Barksdale and Jason Harpe will present at the Alabama Society of CPAs Governmental A&A Forum on December 5, 2019. They will cover the new treatment of leases in governmental entities that can have a significant impact on the financial reports. The presentation will review the accounting requirements as well as reporting and [...]

2019-09-19T15:53:44-05:00September 19th, 2019|Around Town|


CRI Partner AJ Bowers will host a session at the New Mexico Association of School Business Officers' 2019 Fall Conference on September 19, 2019. This session starts with an in-depth description of internal controls as they relate to the COSO Framework. He will then examine a case study and explore what internal controls should have [...]

2019-09-17T09:26:16-05:00September 17th, 2019|Around Town|

Impact of the New Revenue Recognition Standard on the Healthcare Industry

The Financial Accounting Standards Board (FASB) issued ASC 606, Revenues from Contracts with Customers, which replaced all previously-existing guidance and created a new model for recognizing revenues from transactions with customers (or patients). Healthcare providers are unique in the accounting world in many ways, most notably for the complexities surrounding the revenue cycle (billing and [...]

2019-10-01T10:25:26-05:00September 11th, 2019|HEALTHCARE|

CRI CLEARWATER – David Sietsma: Donor Advised Funds Panel

CRI Partner David Sietsma will participate in a panel discussion as part of the Charitable Gift Planners of Tampa Bay Lecture Series. This panel will review what a Donor Advised Fund is, who they are appropriate for, and how to best utilize it as part of overall wealth and gifting strategy. This panel will take [...]

2019-09-10T15:17:03-05:00September 10th, 2019|Around Town|