Recent Posts
- Inside Your Audit: Reviewing Expectations on What Local Governments Should be Asking Their Auditor
- How Small and Midsize Businesses Can Stabilize Financial Operations During Leadership Transitions
- What’s the Right Entity Type for Your New Business?
- Balancing Financial Reporting Needs With Compliance Costs
- Helping Your Nonprofit’s Board Make Sense of Financial Reports
- When the Sale of an Appreciated Home Triggers Taxes — and When it Doesn’t
- Accounting for Business Combinations
- Behind on Bookkeeping? Here’s How to Get Back On Track
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Why It’s Important to Get Your Company’s Financials Done on Time
Have you completed your company’s year-end financial statements yet? Most calendar-year entities issue their year-end financials by March of the following year. Lenders and investors may think the worst if…
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Intuit to Discontinue Supporting QuickBooks Desktop 2021 in May 2024
Impacted users are encouraged to plan for necessary upgrades today to continue service. Intuit has started to send notices to QuickBooks Desktop 2021 and earlier users, informing them that the…
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Auditing Revenue Recognition
The top line of an income statement for a for-profit business is revenue (or sales). Reporting this line item correctly is critical to producing accurate financial statements. Under U.S. Generally…
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6 Ways Nonprofit Retirement Plans are Changing
Some provisions of 2022’s SECURE Act 2.0 (a follow-up to the SECURE Act of 2019) have been in force for over a year — including several that affect 403(b) retirement…
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Is It Time to Upgrade Your Business’s Accounting Software?
By now, just about every company uses some kind of accounting software to track, manage and report its financial transactions. Many businesses end up using several different types of software…
