How Will Revised Tax Limits Affect Your 2022 Taxes?

While Congress didn’t pass the Build Back Better Act in 2021, there are still tax changes that may affect your tax situation for this year. Continue Reading How Will Revised Tax Limits Affect Your 2022 Taxes?

KPIs: What are they, and which ones count?

KPIs: What Are They, and Which Ones Count?

Key performance indicators (KPIs) are the keys to operating a successful business, especially during times of uncertainty. Continue Reading KPIs: What Are They, and Which Ones Count?

How to Account for Change Orders

When customers make last-minute changes to contracts, it can be frustrating, and the accounting rules for reporting change orders can be complex. Continue Reading How to Account for Change Orders

Digitizing the Accounts Receivable Process

While digitalization continues to take hold of the business world, the billing and collections functions at many organizations remain largely paper based. Continue Reading Digitizing the Accounts Receivable Process

Rolling Forecasts Provide Flexibility in Uncertain Times

As businesses head into 2022, they face unprecedented challenges. In response, many are using so-called “rolling” forecasts to help guide decision-making. Continue Reading Rolling Forecasts Provide Flexibility in Uncertain Times

Coming Soon: New Accounting Rule on Government Assistance Disclosures

Local governments often provide tax breaks and other financial incentives to lure businesses to town. How much detail are businesses required to disclose about these transactions? Continue Reading Coming Soon: New Accounting Rule on Government Assistance Disclosures

How to Assess Fraud Risks Today 

How to Assess Fraud Risks Today 

Do you know how to assess fraud risks? Unfortunately, conditions during the COVID-19 pandemic may have increased your company’s fraud risks. Continue Reading How to Assess Fraud Risks Today 

FASB Offers Practical Expedient for Private Companies That Issue Share-Based Awards

Many companies award share-based payments to workers to promote exceptional performance and reduce cash outflows from employee compensation. But accounting for these payments can be confusing and time-consuming, especially for private companies. Continue Reading FASB Offers Practical Expedient for Private Companies That Issue Share-Based Awards

Data Visualization: A Picture is Worth 1,000 Words

When reporting financial data, a picture is often worth 1,000 words. Graphs, performance dashboards and other visual aids can help managers, investors and lenders digest complex financial information. Continue Reading Data Visualization: A Picture is Worth 1,000 Words