Financial reporting issues to consider in “going private” transactions In the midst of mounting inflation, supply shortages, geopolitical turmoil, threats of cyberattacks and continuing COVID-19 concerns, public stock prices are…
Private companies: Are you on track to meet the 2022 deadline for the updated lease standard? Updated accounting rules for long-term leases took effect in 2019 for public companies. Now,…
Is your business underusing its accounting software? Someone might have once told you that human beings use only 10% of our brains. The implication is that we have vast, untapped…
DEI – Diversity, Equity and Inclusion Many businesses are spending more time and resources on supporting the well-being of their employees. This includes recognizing and addressing issues related to diversity,…
Have you followed up on the management letter from your audit team? Auditors typically deliver financial statements to calendar-year businesses in the spring. A useful tool that accompanies the annual…
Get serious about your strategic planning meetings Most business owners would likely agree that strategic planning is important. Yet many companies rarely engage in active measures to gather and discuss…
Keeping remote sales sharp in the new normal The COVID-19 pandemic has dramatically affected the way people interact and do business. Even before the crisis, there was a trend toward…
Eligible businesses: Claim the Employee Retention Tax Credit The Employee Retention Tax Credit (ERTC) is a valuable tax break. Was extended and modified by the American Rescue Plan Act (ARPA),…
Are your company’s job descriptions pulling their weight? At many businesses, job descriptions have it easy. They were “hired” (that is, written) many years ago. They haven’t had to change…
Accounting estimates present challenges in times of uncertainty In today’s unprecedented market conditions, it can be challenging to predict metrics that underlie your company’s accounting estimates. Examples of key “unknowns”…