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.
03.20.25
Orba Wealth Advisors Welcomes Michael Furla as Its New Chief Investment Officer and Head of Wealth Advising
CHICAGO — ORBA Wealth Advisors, providing wealth management for high-net-worth individuals and families, is pleased to announce that Michael Furla, CFA, CFP®, has joined the firm as its new Chief Investment Officer (CIO) and Head of Wealth Advising.
07.31.25
The OBBBA Shifts the Landscape for Employers
07.29.25
The One, Big, Beautiful Bill Act Extends Many Business-Friendly Tax Provisions
07.23.25
How Will the One, Big, Beautiful Bill Act Affect Individual Taxpayers?
07.08.25
President Trump Signs His One, Big, Beautiful Bill Act into Law
06.05.25
The House Passes The One, Big, Beautiful Bill Act: An Overview of its Tax Provisions
