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Within a relatively short period, corporate environmental, social, and governance (ESG) initiatives evolved from a disjointed and confusing set of goals to a mo...
How to Use the Cost Approach to Valuing a Business
Jul 20, 2022The balance sheet — which shows a company’s assets and liabilities — is a logical starting point for valuing certain types of businesses. The cost (or...
Hiring Family Members Can Pay Off for Everyone
Jul 20, 2022One of the advantages of owning and operating your own business is the ability to hire family members to fill open positions. This can be a significant perk in ...
Reviewing Revenue Recognition for Construction Companies
Jul 20, 2022While many businesses handle sales in a single transaction, construction contracts often cover months or even years and include multiple payments. As you’...
BWC Audits: Should I Be Worried?
Jul 19, 2022Each year the Ohio Bureau of Workers Compensation (BWC) randomly selects employers to audit to verify that employers are properly classified according to their ...
What Level of Audit & Assurance Services Are Right for Your Business?
Jul 11, 2022Putting your business financials and processes under the microscope can be an intensive process. At the same time, the benefits of your financials undergoing su...
Should You Transfer Your Home to Your Adult Child?
Jul 07, 2022Buying a house in today’s overheated real estate market can be challenging — especially as mortgage rates are on the rise. But financially secure parent...
Oops … Do You Need to Amend Your Tax Return?
Jul 07, 2022The COVID pandemic prompted numerous temporary changes to the tax laws for 2020 and 2021. From Economic Impact Payments, penalty-free IRA distributions and the ...
Is Cryptocurrency Right for Your Business?
Jul 07, 2022Are any of your employees clamoring to receive compensation — either immediate or deferred — in Bitcoin or another type cryptocurrency? What about customers...
Spotlight on a Critical Antifraud Tool: Risk Assessments
Jul 07, 2022Fraud risk assessments have been shown to prevent occupational fraud and limit losses for victimized organizations. These tools have become more prevalent in re...
