When the COVID-19 crisis exploded in March, among the many concerns was the state of the nation’s supply chains….
Starting in 2019, auditors’ reports for certain public companies must contain a new element: critical audit matters (CAMs). The…
If you’re a partner in a business, you may have come across a situation that gave you pause. In…
A widely circulated article about the COVID-19 pandemic, written by author Tomas Pueyo in March, described efforts to cope…
Timely, relevant financial data is critical to managing a business in today’s unprecedented conditions. Similar to the control panel in…
During the COVID-19 pandemic, many small businesses are strapped for cash. They may find it beneficial to barter for…
Many business owners — particularly those who own smaller companies — spend so much time trying to eliminate weaknesses…
Your nonprofit organization may be required to hire an independent outside CPA to audit its books, depending on its…
There’s a new IRS form for business taxpayers that pay or receive nonemployee compensation. Beginning with tax year 2020,…
In 2016, the Financial Accounting Standards Board (FASB) published guidance that requires major changes to how leases are reported…