Are You Overwhelmed by Financial Duties
Your small but growing company is ready for the next level: you’ve built a strong customer base and you are diversifying your markets and revenue sources. Now it’s time to …
How To Ensure Your Company’s Financial Statement Assertions Are Accurate
A company’s financial managers are responsible for accurately reporting all of the organization’s financial activities. They confirm this accuracy in the financial statement assertions, which are explicit or implicit assertions …
Should You Introduce Profit-Sharing — and How?
Your business is doing well, and you want a way to share some of your firm’s profits with the people who helped create its success. The solution might seem obvious: …
Restructuring Debt as a Business Strategy
Many businesses are facing the financial effects of the pandemic. The loss of clients and decreased cash flow have forced businesses to make some hard choices that involve restructuring debt …
Leverage Your Accountant for Litigation Support
So much litigation these days is a money game that follows fraud dollars, exposes embezzlement and sets a dollar value for damages. Some accountants serve as expert witnesses to help …
Deciding Between a Compilation and a Review
Even a successful and growing small business may be asked for an audited financial statement by a banker, investor, creditor, or buyer. These third parties often want some assurance that …