financing

The Growing Financial Crisis Facing Professional Athletes

The life of a professional sports athlete seems glamorous and spectacular from the outside. The money, the meteoric rise to fame, the cars, the mansions, the clothes, endorsements and general…

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Guidance for Government Contractors Implementing Revenue Recognition Standards

Government Contractor, MGO, Consultants, Revenue Recognition, FASB, Best Practices

In May 2014, the Financial Accounting Standards Board (“FASB”) issued the new revenue recognition standard: Accounting Standards Codification (ASC) 606, Revenue from Contracts with Customers. This revenue standard will supersede…

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A Fiscal Lighthouse for Government Sustainability

By Scott P. Johnson - Partner, MGO Advisory Services A lighthouse is a tower, building, or other type of structure designed to emit light from a system of lamps and…

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