Worried About the Monthly Close
The monthly close process should be standardized. Start by creating a list of standard journal entries that will promote consistency in monthly closings. The following types of adjusting entries produce …
Functions You Need in Construction Accounting Software
As construction firms evolve, they quickly outgrow their first-generation accounting software packages. That software was likely purchased when there was not a lot of capital on hand and not a …
Exit Planning for Business Owners
Whether your business is a start-up or a mature business, exit planning should be part of your overall business plan. That may sound counterintuitive, but the fact is that no …
Top 10 Estate Planning Errors to Avoid
There are myths and misconceptions about estate planning. Here are the top common mistakes to avoid and help your family save thousands of dollars in unnecessary taxes and probate fees: …
Selling a Small Family-Owned Business
You’ve worked your entire life to build a family business, and now it’s time to pass it on. But how and when you sell the family-owned business can determine what …
Is your company protected by its internal controls?
According to a spokesperson from the Risk Unit of Marquette University of Milwaukee, Wisconsin, “Establishing effective internal controls can help a department operate more efficiently and effectively and provide a …