Articles & Publications

There aren’t many instances when the accounting industry faces a game changer. But with the new Revenue Recognition Standard FASB has put in place, that’s exactly what every company will experience in its day-to-day accounting practices. To make sense. Read More >>

In January 2017, the Financial Accounting Standards Board (FASB) issued additional revised guidance for goodwill impairment testing that’s intended to make the process easier and less costly. The latest amendments, found in Accounting Standards Update (ASU) No. 2017-04, Intangibles. Read More >>

The funny thing about customers is that they can keep you in business — but they can also put you out of it. The latter circumstance often arises when a company overly relies on a few customers that abuse. Read More >>

A company’s financial statements typically comprise its balance sheet, income statement, and statement of cash flows. Each of these reports can reveal much about the financial position, health and performance of your business. By carefully analyzing these statements, you. Read More >>

According to the Association of Certified Fraud Examiners (ACFE) most recent Report to the Nations on Occupational Fraud and Abuse, the typical organization loses 5% of its revenues to fraud each year. The median loss caused by fraud is. Read More >>

July 13, 2016 Now that the first fiscal year under prospective billing has ended, payroll true-up reports are due no later than August 15, 2016. Prospective Billing became effective July 1, 2015, for private employers. With this transition, the. Read More >>

June 21, 2016 Classification of workers as either employees or independent contractors has become a heated issue. One reason is the growth of companies like Uber and Handy, which rely on networks of workers the companies say are independent. Read More >>

May 31, 2016 The U.S. Department of Labor (DOL) has released a final rule, effective December 1, 2016, that makes dramatic changes to the determination of which executive, administrative and professional employees — otherwise known as “white-collar workers” —. Read More >>

March 1, 2016 Payroll is one of the largest, if not the largest, expense for many closely held businesses. But many owners don’t view compensation through a strategic lens. This is especially true when it comes to paying employee bonuses.. Read More >>

February 26, 2016 After a more than a decade in the evaluation of new lease accounting rules, the Financial Accounting Standards Board (FASB) has finally issued the new lease accounting standard that will create dramatic changes to most companies’. Read More >>