July 24, 2020 Accounting for Cloud Computing Arrangements The costs to set up cloud computing services can be significant, and many companies would prefer not to immediately expense … Read More
July 6, 2020 Understanding How to Establish Your Company’s Risk Appetite The Committee of Sponsoring Organizations of the Treadway Commission (COSO) recently published new guidance on how companies can promote … Read More
June 19, 2020 Is it time to outsource finance and accounting? Outsourcing may appeal to organizations that are currently struggling with mounting overhead costs during the COVID-19 crisis. By outsourcing, you … Read More
June 11, 2020 5 Steps to Close the Books at The End of the Month Many companies struggle to close the books at the end of the month. The month-end close requires accounting personnel … Read More
June 11, 2020 The Latest News On Nonprofit Fraud Is Here Every two years, the Association of Certified Fraud Examiners (ACFE) publishes what has become the definitive guide for preventing and … Read More
June 2, 2020 Overcoming The Challenges Of Remote Auditing During The COVID-19 Crisis Many people are currently working from home to help prevent the spread of the novel coronavirus (COVID-19). Your external auditors … Read More
May 5, 2020 Benchmarking: Why Normalizing Adjustments Are Essential Stop comparing apples to oranges! Here’s how to ensure more meaningful comparisons of financial performance. To know more click the … Read More
April 28, 2020 Are You Ready for an Audit? Several events can trigger a DOL or IRS audit, such as employee complaints or self-reporting under the annual submission of … Read More
April 22, 2020 Adjusting Your Financial Statements For COVID-19 Tax Relief Measures The Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law on March 27, 2020, contains several tax-related provisions for … Read More
April 13, 2020 Questions To Ask When Making COVID-19 Risk Disclosures Efforts to contain the spread of the novel coronavirus (COVID-19) have led to suspension of many economic activities, putting unprecedented … Read More
March 23, 2020 Auditing Revenue Traditionally, audit procedures for private companies tend to focus on the balance sheet. That is, auditors evaluate whether the book … Read More
March 20, 2020 Beware: Coronavirus May Affect Financial Reporting The coronavirus (COVID-19) outbreak — officially a pandemic as of March 11 — has prompted global health concerns. But you … Read More