Assurance The Importance of Proper Cutoffs in Year-End Financial Reporting Timing is critical in financial reporting. Under accrual-basis accounting, the end of the accounting period…ediazOctober 10, 2024
AssuranceBusiness 4 bookkeeping pitfalls for small businesses to Avoid Accurate bookkeeping is essential to operating a successful small business. The problems created by inadequate…ediazAugust 14, 2024
AssuranceBusinessTechnology The future of accounting: How to embrace cutting-edge technology Technology is transforming the accounting profession. When businesses moved from paper ledgers to spreadsheets, it…ediazJanuary 12, 2024
Assuranceinsights Last call for lease accounting The updated lease accounting standard is currently in effect for private companies. After several postponements…KSDT MarketingJuly 21, 2022
Assuranceinsights Private business owners: Don’t wait until year end to evaluate financial performance How often does your company generate a full set of financial statements? It’s common for…KSDT MarketingJuly 1, 2022
Assuranceinsights How inflation could affect your financial statements Business owners and investors are understandably concerned about skyrocketing inflation. Over the last year, consumer…KSDT MarketingJune 2, 2022
Assurance Rolling forecasts provide flexibility in uncertain times Forecasting how your company is likely to perform over the next year can be challenging,…KSDT MarketingDecember 20, 2021
Assuranceinsights Are you ready for the upcoming audit season? An external audit is less stressful and less intrusive if you anticipate your auditor’s document…KSDT MarketingDecember 3, 2021
Assurance FASB offers 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…KSDT MarketingNovember 8, 2021
Assuranceaudit Follow the cutoff rules for revenue and expenses Timing counts in financial reporting. Under the accrual method of accounting, the end of the…KSDT MarketingJune 28, 2021