Financial Statements at a Glance
Financial statements tell investors information about an organization’s financial performance, helping to ensure corporate transparency and accountability. But they can...
Five or More Employees?
This year, retirement plans will be required for California employers with five or more employees. The legislation passed in 2016...
Are you ready for the upcoming audit season?
An external audit is less stressful and less intrusive if you anticipate your auditor’s document requests. Auditors typically ask clients...
4 Ways to Improve the Effectiveness of Your Audit Committee
Audit committees faced many challenges in 2021. As the economy continues to navigate a global pandemic, there are new dimensions...
FASB Offers a Practical Expedient for Private Companies that Issue Share-Based Awards
On October 25, the Financial Accounting Standards Board (FASB) issued a simpler accounting option that will enable private companies to...
Hit or Miss: Is Your Working Capital On-Target?
Working capital equals the difference between current assets and current liabilities. Organizations need a certain amount of working capital to...
On-time Financial Reporting Is Vital in Times of Crisis
Many companies are struggling as a result of shutdowns and restructurings during the COVID-19 crisis. To add insult to injury,...
Real Estate Financial Reporting: GAAP vs. Income Tax Basis
Whether you’re forming a new real estate entity, or whether you’re considering refinancing an existing one, owners and managers of...