Footnote Disclosures: The Story Behind the Numbers

The footnotes to your company’s financial statements give investors and lenders insight into account balances, accounting practices and potential risk factors — knowledge that’s vital to making well-informed business and investment decisions. Here are four important issues that you [...]

By |2021-01-29T12:43:11-05:00January 29th, 2021|Categories: Audit, Blog|Tags: , , , , , , , |Comments Off on Footnote Disclosures: The Story Behind the Numbers

Reporting Contingent Liabilities

Contingent liabilities reflect amounts that your business might owe if a specific “triggering” event happens in the future. Sometimes companies are unclear when they’re required to report a contingent liability on their financial statements under U.S. Generally Accepted Accounting Principles [...]

By |2020-02-04T14:25:05-05:00February 4th, 2020|Categories: Blog, Tax|Tags: |Comments Off on Reporting Contingent Liabilities
Go to Top