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 [...]
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.
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!
No matter how many times innocent people become victims to Ponzi schemes, it continues to happen both with alarming regularity and extraordinary costs. What are Ponzi Schemes? Ponzi schemes first evolved when Charles Ponzi began enticing innocent people to invest in something with the promises of an abnormally high return. Ponzi would explain the rationale [...]
