News & Insights

Does Your Firm Have an Alternative Practice Structure? An alternative practice structure (APS) is a business model in which a CPA firm separates its traditional auditing and attest services into a distinct […]

Federal grant rules have changed, and those changes matter for local governments that receive or may receive federal funding. In April 2024, the Office of Management and Budget updated the Uniform Guidance […]

Financial statements aren’t built solely on fixed numbers and historical facts. Many reported amounts rely on accounting estimates — management’s best judgments about uncertain future outcomes. Estimates are inherently subjective […]

When businesses issue audited financial statements, year-end physical inventory counts may be required for retailers, manufacturers, contractors and others that carry significant inventory. Auditors don’t perform the counts themselves, but […]

Everyone in a finance or accounting seat has that moment — the awkward email reminding a coworker to provide receipts for their credit card charges or the uncomfortable interaction when […]