What are the responsibilities of an audit committee?
Before you jump headfirst into the year-end financial reporting process, review the role independent audit committees play in providing investors…
Risk assessment: A critical part of the audit process
Audit season is right around the corner for calendar-year entities. Here’s what your auditor is doing behind the scenes to…
Benchmarking financial performance
You already may have reviewed a preliminary draft of your company’s year-end financial statements. But without a frame of reference,…
Reasons why cash is king
In financial reporting, investors and business owners tend to focus on four key metrics: 1) revenue, 2) net income, 3)…
Internal audit 2.0: Paperless and continuous auditing trends
Technology is altering the traditional approach to internal audits. Instead of reviewing reams of paperwork, today’s auditor is learning to…
Management letters: Have you implemented any changes?
Audited financial statements come with a special bonus: a “management letter” that recommends ways to improve your business. That’s free…
Third Quarter Industry Newsletters
Quarterly collection of current topics, news alerts and industry updates. Auto Dealerships Newsletter – September 26, 2019 Business Valuation…
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…