We live in an increasingly specialized society. As such, a subset of the workforce with distinctive skill sets that can perform high-quality services is increasing. Through independent contractor relationships, companies…
Midyear Tax Planning In the quest to reduce your tax bill, year-end planning can only go so far. Tax-saving strategies take time to implement, so review your options now. Here…
The FASB wants to fix inconsistent reporting The Financial Accounting Standards Board (FASB) has amended U.S. Generally Accepted Accounting Principles (GAAP) to clarify the guidance on reporting restricted cash balances…
Private companies: Consider these financial reporting shortcuts For years, private companies and their stakeholders have complained that the Financial Accounting Standards Board (FASB) catered too much to large, public companies…
Having a policy can thwart fraud When it comes to fraud in any organization, credit cards are frequently a fraudster’s tool. Because the use of credit cards is so commonplace…