Accounting, Audit and Assurance

A financial expert’s analysis is only as reliable as the data it’s based on — and all financial statements aren’t created equal. The term “assurance” refers to how confident (or assured) you are that a company’s financial reports are re...

Your accounting software is an investment that protects and maintains the financial health of your business. Finding the right solution is critical, but how do you know where to start with so many options to consider? Before researching accounting so...

Business owners and investors are understandably concerned about skyrocketing inflation. Over the last year, consumer prices have increased 8.3%, according to the latest data from the U.S. Bureau of Labor Statistics. The Consumer Price Index (CPI) co...

In today’s volatile economy, many businesses and non-profits have been required to write down the value of acquired goodwill on their balance sheets. Others are expected to follow suit — or report additional write-offs — in 2022. To the extent ...

Less than 7% of financial functions are dedicated to organizational strategy, as most finance teams prioritize manual processes. 7% is a very small percentage of the financial process! Fortunately, artificial intelligence (AI) in accounting systems c...

Updated accounting rules for long-term leases took effect in 2019 for public companies. Now, after several deferrals by the Financial Accounting Standards Board (FASB), private companies and private not-for-profit entities must follow suit, starting ...

The COVID-19 pandemic is still adversely affecting many businesses and not-for-profit organizations, but the effects vary, depending on the nature of operations and geographic location. Has your organization factored the effects of the pandemic into ...

In the first half of 2021, there was a surge in financial restatements. The reason relates to guidance issued by the Securities and Exchange Commission (SEC), requiring special purpose acquisition companies (SPACs) to report warrants as liabilities. ...