Testing Internal Controls To test the effectiveness of an organization’s internal controls, your auditor will analyze a representative sample of transactions to make assertions about the entire population. This method…
Selling your business? This checklist will help. Business owners retiring or selling their businesses engage a wide range of succession planning methods varying from simple, selling and walking away, to…
Manager Motivation Techniques Managers are the key drivers influencing employees’ best performance. Through their attitudes and behaviors they play a critical role in your company’s success and can turn a…
How materiality is established in an audit or a review When accountants conduct an audit or review, they can’t test every transaction. Instead, they set a “materiality” threshold. This benchmark…
Sec. 179 expensing provides small businesses tax savings on 2017 returns — and more savings in the future If you purchased qualifying property by December 31, 2017, you may be…