Category

Consulting

Bookkeeping vs Accounting | Corporate professionals meeting for new business ideas
ConsultingOutsourced Accounting
January 2, 2020

Bookkeeping vs Accounting: Knowing the Key Differences

Every business and not-for-profit entity needs a reliable bookkeeping system based on established accounting principles. It is essential for assessing…
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Man sharing some new ideas in team meeting | When and How to Outsource Services
Consulting
December 16, 2019

When and How to Outsource Services

With changes in technology disrupting the market, companies of all sizes have embraced the strategy of outsourcing key back office…
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Even with a delay, the time is now to prepare for lease accounting standard ASC 842 | Excavator loading dump truck at coal mine
ConsultingOutsourced Accounting
November 20, 2019

Even with a Delay, the Time is Now to Prepare for Lease Accounting Standard ASC 842

As of November 15, 2019, the Financial Accounting Standards Board (FASB) officially delayed the effective dates for specified accounting standards,…
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Benefits of Outsourced Accounting | Female architect working at her home office desk
ConsultingOutsourced Accounting
November 15, 2019

Outsourced Accounting: 6 Benefits That Come From Outsourcing Your Accounting Needs

Any business owner, new or established, understands the need for accurate and up-to-date financial records. Between maintaining compliance with changing…
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ASU 2018-08 | Nassau Hall - Princeton University
Consulting
November 12, 2019

How ASU 2018-08 Affects Not-for-Profit Accounting

In June 2018, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2018-08, Clarifying the Scope and Accounting…
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Los Angeles cityscape during the day | LLC vs. S Corp: A Closer Look at LLCs and S Corps in California
Consulting
September 4, 2019

California LLC vs. S Corp: A Closer Look at LLCs and S Corps in California

For a long time, small business owners elected to operate their business as an S corporation (S corp) due to…
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Happy nurse taking care of a small girl | HRA vs. HSA: Understanding Your Healthcare Options
Consulting
August 12, 2019

HRA vs HSA: Understanding Your Healthcare Options

In 2010 President Barack Obama officially signed the Affordable Care Act (ACA) into effect, thereby requiring employers with at least…
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Hiring Independent Contractors - man with tattoos working at a home office
Consulting
July 15, 2019

Hiring Independent Contractors: How to Utilize the Alternative Workforce

The ways in which people work, live and spend their money have changed dramatically in the last decade. Smartphone technology…
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Consulting
July 3, 2019

Which entity is most suitable for your new or existing business?

The Tax Cuts and Jobs Act (TCJA) has changed the landscape for business taxpayers. That’s because the law introduced a…
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Consulting
June 3, 2019

Predicting future performance

CPAs typically report historical financial performance. But sometimes they’re hired to predict how a company will perform in the future.…
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