FASB Archives - Leone, McDonnell & Roberts, Professional Association, Certified Public Accountants

By Sarah Scheffer

In Blog

Posted July 26, 2022

FASB ASU 2021-10: Government Assistance (Topic 832)

In November 2021, FASB issued ASU 2010-10, Government Assistance (Topic 832): Disclosures by Business Entities about Government Assistance. The new accounting standard was released to increase [...]

By Sarah Scheffer

In Blog

Posted May 2, 2022

IRS Expands Identity Protection PIN Program

The IRS has recently expanded its IP PIN program to be available to all taxpayers.

By Sarah Scheffer

In Blog

Posted April 20, 2022

New Accounting Standard for Nonprofit Entities

Learn more about the accounting standards update 2020-07 which impacts all nonprofits that receive in-kind donations.

By Sarah Scheffer

In Blog

Posted March 27, 2019

Understanding the New Revenue Recognition Standard

The revenue recognition standard utilizes a combination of accrual accounting and matching principles to define the specific parameters under which revenue is recognized. In recent years, the [...]

Client Testimonials

The engagement team at Leone, McDonnell & Roberts is a group of true professionals who understands the operations of a large nonprofit organization like ours and the requirements for auditing federal grantees. They always have our best interests and concerns in mind.
Central Vermont Community Action Council, Inc.Finance Director
With Leone, McDonnell & Roberts by our side for over 15 years, we have no worries about our finances. The firm provides us with tax planning and preparation and business consulting services. I couldn’t be more pleased with my relationship with Leone, McDonnell & Roberts and the services that they provide to our company.
Route 11 Auto Parts, Inc.Owner
The support Leone, McDonnell & Roberts provides is a tremendous asset to our company. Their tax assistance is always accompanied by professionalism and availability whenever we need them. When we have a question about anything, all we need to do is call.
Community Action Program Belknap-Merrimack Counties, Inc.Finance Director
I chose to work with Leone, McDonnell & Roberts, PA after soliciting feedback from area professionals and receiving excellent reviews. Since then, not only have they helped prepare and file taxes for my LLC, but they have also helped me with my tax planning and preparation throughout the year.
Mt. Washington Radio GroupGM/Owner
Organizationally I needed to find a firm that could handle my growing businesses. And I did. LMR stepped in and immediately made a positive difference. They have proven to me over and over that they have the intellectual horsepower to work with me and the complexities of my businesses.
Mark Synnott/Synnott Mountain GuidesOwner and Entrepreneur

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