Improving Financial Visibility Through Dashboards and Reports

In today’s business environment financial visibility is paramount. Detailed financial reports and dashboards with drill-down capability are the most effective way to gain real-time visibility into the current, and future, state of your business.

By |2021-05-03T15:09:22-04:00July 8th, 2021|Categories: , |Tags: , , , , |Comments Off on Improving Financial Visibility Through Dashboards and Reports

Introducing the Interactive Visual Explorer

In today's business environment of disruption, the ability to make strategic decisions with real-time data has never been more important.

By |2021-05-03T19:15:23-04:00May 14th, 2021|Categories: , |Tags: , , , |Comments Off on Introducing the Interactive Visual Explorer

How QuickBooks’ Lack of Visibility Impacts Your Decision Making

As your business and its complexities grow, relying on QuickBooks can result in limited financial visibility that can force decisions based on partial or outdated information.

By |2021-04-12T16:29:24-04:00May 13th, 2021|Categories: , |Tags: , , , |Comments Off on How QuickBooks’ Lack of Visibility Impacts Your Decision Making

Reporting Profit Interest Awards

Reporting profits interest awards During the pandemic, cash has been tight for many small businesses, which may make it hard to attract and retain skilled workers. In lieu of providing cash bonuses or annual raises, some companies may decide [...]

By |2021-04-09T12:01:56-04:00April 9th, 2021|Categories: Audit, Blog|Tags: , , , , , , , , |Comments Off on Reporting Profit Interest Awards

Accounting for Property, Plant and Equipment Assets

Businesses and not-for-profit entities capitalize machines, furniture, buildings, and other property, plant and equipment (PPE) assets on their balance sheets. Here’s a refresher on some common questions about how to properly report these long-lived assets under U.S. Generally Accepted [...]

By |2021-01-22T13:08:08-05:00January 22nd, 2021|Categories: Audit, Blog|Tags: , , , , , , |Comments Off on Accounting for Property, Plant and Equipment Assets

Cutoff Rules: What Counts in 2020 vs. 2021

As year end approaches, it’s a good idea for calendar-year entities to review the guidelines for recognizing revenue and expenses. There are specific accounting cutoff rules under U.S. Generally Accepted Accounting Principles (GAAP). Strict observance of these rules is [...]

By |2020-11-20T12:46:17-05:00November 20th, 2020|Categories: Audit, Blog|Tags: , , , , , , |Comments Off on Cutoff Rules: What Counts in 2020 vs. 2021

Gifts In Kind: New Reporting Requirements for Nonprofits

On September 17, the Financial Accounting Standards Board (FASB) issued an accounting rule that will provide more detailed information about noncash contributions charities and other not-for-profit organizations receive known as “gifts in kind.” Here are the details. Need for Change [...]

By |2020-10-06T13:33:26-04:00October 6th, 2020|Categories: Audit, Blog|Tags: , , , , , , |Comments Off on Gifts In Kind: New Reporting Requirements for Nonprofits

Reporting COVID-19-Related Debt Restructurings

Today, many banks are working with struggling borrowers on loan modifications. Recent guidance from the Financial Accounting Standards Board (FASB) confirms that short-term modifications due to the COVID-19 pandemic won’t be subject to the complex accounting rules for troubled [...]

By |2020-10-02T14:29:04-04:00September 18th, 2020|Categories: Audit, Blog|Tags: , , , , , |Comments Off on Reporting COVID-19-Related Debt Restructurings

Reporting Discontinued Operations Today

Marketplace changes during the COVID-19 crisis have caused many companies to make major strategic shifts in their operations — and some changes are expected to be permanent. In certain cases, these pivot strategies may need to be reported under [...]

By |2020-10-02T16:25:22-04:00September 4th, 2020|Categories: Audit, Blog|Tags: , , , , |Comments Off on Reporting Discontinued Operations Today

Drive Success With Dashboard Reports

Timely, relevant financial data is critical to managing a business in today’s unprecedented conditions. Similar to the control panel in a vehicle or machine, dashboard reports provide a real-time snapshot of how your business is performing. Why you need [...]

By |2020-07-24T13:20:11-04:00July 24th, 2020|Categories: Audit, Blog|Tags: , |Comments Off on Drive Success With Dashboard Reports
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