Dec 12, 2022 | Advisory, Audit, Blog
It might be time for your company to upgrade (or downgrade) its level of assurance. Most organizations hire a CPA to issue financial statements that conform to U.S. Generally Accepted Accounting Principles (GAAP), but not all financial statements are created equal....
Oct 24, 2022 | Advisory, Blog, Exit Planning
Succession planning is important in any business, but it is sometimes overlooked in family-owned operations. This is a big mistake. There are many family-run companies that no longer exist because of a poor succession plan or none at all. Begin the Conversation The...
Oct 17, 2022 | Accounting, Advisory, Blog, Nonprofit, Tax
If your organization has met the IRS qualifications to be considered tax-exempt, the income you receive — such as donor contributions — is exempt from federal income tax. However, it is still possible for nonprofits to follow the rules and experience adverse tax...
Oct 3, 2022 | Advisory, Blog, Real Estate and Construction
In many areas, the real estate sector has been hit hard. Commercial properties, including apartment complexes, retail, and industrial properties, are down in value. This may attract investors in search of good buying opportunities. However, potential buyers should...
Sep 19, 2022 | Advisory, Audit, Blog
Check those checks closely. Although debit cards, electronic funds transfers, and other high-tech ways of moving and paying money have become popular, check fraud remains a risk for businesses and other organizations. According to the most recent fraud survey by the...
Sep 12, 2022 | Accounting, Advisory, Blog, Business Valuation
You cannot physically touch goodwill, but it is a significantly valuable asset for many businesses. Although it is most commonly associated with professional service firms, goodwill can also exist among manufacturers, retailers, contractors, and other types of...
