Reporting Embedded Leases

In 2016, the Financial Accounting Standards Board (FASB) published guidance that requires major changes to how leases are reported on financial statements. One area of the guidance that’s especially complicated relates to “embedded” leases. Updated guidance Organizations are required [...]

By |2020-07-10T14:10:11-04:00July 10th, 2020|Categories: Audit, Blog, COVID-19|Tags: , , , |Comments Off on Reporting Embedded Leases

4 Steps to a Stronger Balance Sheet

Roughly half of CFOs believe an economic recession will hit by the end of 2020, and about three-quarters expect a recession by mid-2021, according to the 2019 year-end Duke University/CFO Global Business Outlook survey. In light of these bearish [...]

By |2020-02-21T13:16:51-05:00February 21st, 2020|Categories: Blog|Tags: , , , |Comments Off on 4 Steps to a Stronger Balance Sheet

Feeling lucky? How to find a pot of gold in your financials

Every business experiences occasional cash shortages. When this happens, owners often assume they should go out and sell more. But this strategy can sometimes compound money troubles over the short run. Why? The answer lies in a concept known [...]

By |2018-04-11T15:09:19-04:00March 10th, 2018|Categories: Blog|Tags: , |Comments Off on Feeling lucky? How to find a pot of gold in your financials