Year-End Strategies to Reduce AGI
Reducing your current-year adjusted gross income (AGI) is usually a tax-smart idea. Here are ten ways to reduce your AGI…
Corporate governance in the 21st century
What’s the purpose of a corporation? For the last 50 years, the answer was “to maximize shareholder value.” But, on…
The untouchables: Getting a handle on intangibles
The average company’s balance sheet understates its value by 80%, according to Sarah Tomolonius, co-founder of the Sustainability Investment Leadership…
What to expect during a franchise audit
It’s important for franchisors to periodically audit individual franchisees. These routine “check-ups” are especially valuable in a store’s early years…
FAQs about CAMs
In July, the Public Company Accounting Oversight Board (PCAOB) published two guides to help clarify a new rule that requires…
Reporting Discontinued Operations
Financial reporting generally focuses on the results of continuing operations. But sometimes businesses sell (or retire) a product line, asset…
Why do companies restate financial results?
Every year, research firm Audit Analytics publishes a study about financial restatement trends. In 2018, the number of public companies…
Let’s find a better way to manage your receivables
Failure to collect accounts receivable (AR) in a timely manner can lead to myriad financial problems for your company, including…
The pros and cons of interim reporting
The Securities and Exchange Commission (SEC) requires certain public companies to publish quarterly financial statements to give investors insight into…
Is an HSA right for you?
To help defray health care costs, many people now contribute to, or are thinking about setting up, Health Savings Accounts…