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11.15.19

VIEWpoint Issue 3 | 2019

10.28.19

Contractor’s Revenue Recognition Reminder Checklist

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Records Retention Schedule

It is important to hold onto your business and individual records in case of an IRS audit or examination. Retaining unnecessary records, however, will soon exceed the storage space available for most businesses. Refer to this Record Retention Schedule as a general guideline for determining how long you should keep certain records for.


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e-paper

Checklist of Internal Controls

The typical organization loses an estimated 5 percent of annual revenue to fraudsters, according to a recent report prepared by the Association of Certified Fraud Examiners (ACFE). To combat such activity, Doeren Mayhew’s Certified Fraud Examiners put together this checklist of the most common controls applied by small- to medium-sized businesses.


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e-paper

Guide to Cost Savings for Manufacturers

Achieving growth and profitability takes a balancing act between the price of your product and how much it costs to manufacture it. The only way to increase your gross margin is to sell your product at a higher price or make it at a lower price. In this e-paper, Doeren Mayhew’s manufacturing accounting professionals explore nearly 50 ideas for achieving cost savings.


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e-paper

Employers’ Guide to Understanding Fiduciary Responsibilities

While offering a plan can be rewarding to both the participants and the plan sponsor, there are specific regulations and responsibilities employers need to implement and follow. To help you understand how to meet your fiduciary responsibility, Doeren Mayhew’s Employee Benefits Group documented the important things you need to know about being a plan sponsor in this e-paper.


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CFO or Controller? How to Evaluate Your Need.

As your business grows, you may struggle with when to add key staff, and the accounting function is especially tricky. Often a small to mid-sized business is served well by one combined CFO-Controller function, but as the business becomes more complex, you may begin to see a need for a higher-level perspective. Use this infographic to help you recognize your business’ needs.


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e-paper

Boosting the Profitability of Your Business

Even if you’re an industry leader, there is always opportunity to improve your profitability. Focus on these critical factors Doeren Mayhew has outlined for success, how they impact profitability and how to measure their performance.


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e-paper

Accounting in the Construction Industry

Construction-related businesses have long been a haven for some of the most self-reliant and successful people in America. This e-paper is dedicated to helping these unique American businesspeople survive an economic landscape that has dramatically changed their industry.


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tax

2015 – 2016 Tax Planning Guide Year

Download Doeren Mayhew’s 2015-2016 Tax Planning guide to gain insight on the tax issues individuals and business taxpayers are encountering this tax season and what tax savings strategies to implement


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