January 21, 2020 Risk Assessment: A Critical Part Of The Audit Process Audit season is right around the corner for calendar-year entities. Here’s what your auditor is doing behind the scenes to … Read More
January 9, 2020 The Art And Science Of Goodwill Impairment Testing Goodwill shows up on a company’s balance sheet when the company has been acquired in a business combination. It represents … Read More
December 21, 2019 FAQs About Prepaid Expenses The concept of “matching” is one of the basic principles of accrual-basis accounting. It requires companies to match expenses (efforts) … Read More
November 26, 2019 Manage Your Working Capital More Efficiently Working capital fuels daily operations and business growth. But there’s a delicate balance between having too little and too much. Read More
November 21, 2019 Close-up On Pushdown Accounting For M&As It’s only natural to overlook accounting rule changes until they affect your company’s financial statements. So, you might not be … Read More
November 14, 2019 GAAP vs. Tax-Basis: Which Is Right For Your Business? U.S. Generally Accepted Accounting Principles have become more complex in recent years. And more GAAP changes are in the works. … Read More
October 28, 2019 Valuing Profits Interests In LLCs Profits interest awards are a type of equity-based compensation that’s unique to limited liability companies. But estimating the fair value … Read More
October 28, 2019 Engage Supporters With Your Nonprofit’s Annual Report Don’t produce a paint-by-numbers annual report. There’s plenty of leeway to get creative and illustrate your nonprofit’s story so that … Read More
October 22, 2019 Reasons Why Cash Is King Balance sheets and income statements get all the attention. But the less popular statement of cash flows can be a … Read More
October 8, 2019 Internal Audit 2.0: Paperless & Continuous Auditing Trends Does your current internal audit approach take advantage of electronic record keeping? Learn the benefits of upgrading your audit program … Read More
October 7, 2019 Avoid Excess Benefit Transactions And Keep Your Exempt Status Nonprofit board members who personally profit from decisions they’ve made or influenced risk the exempt status of their organizations. Learn … Read More
October 1, 2019 Measuring Fair Value For Financial Reporting Does your business report any assets at fair value? Are these estimates reasonable? Here’s how a valuation specialist can help … Read More
