Is the amount of inventory on your company’s balance sheet accurate? Depending on the nature of a company’s operations, its balance sheet may includ...
Accuracy Counts in Inventory Management
What Do the New Lease Accounting Standards Mean for Your Business?
Aug 31, 2022For private business owners who have been hearing about a proposed accounting change for lease accounting, a decade of back-burner speculation has come to an en...
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 ...
Ensure Your Construction Accounting System Has the Right Features
May 12, 2022Construction accounting is distinctively complex. Unlike other businesses that rely heavily on a general ledger to track finances, construction companies need t...
Kirsch Welcomes New Team Members as Firm Continues to Grow
Dec 16, 2021The two newest members of the Kirsch CPA Group come to us with deep experience, diverse interests and a somewhat similar path into the accounting profession. Ma...
How Fast Can You Write off a Business Vehicle?
Dec 02, 2021The federal income tax rules for depreciating vehicles used for business are complicated. And different rules apply to different categories of vehicles. Special...
Avoiding the Profitability Threat of Stagnant Pricing
Nov 10, 2021There are many threats to business profitability and long-term success. Some of them hide behind numbers that look favorable on the surface. Others are easier t...
Are Your Revenues Creating a False Sense of Profitability?
Nov 09, 2021Unlike revenues, profitability can be a tricky metric for business owners. Growing your profitability is generally – and ideally – a long-term goal but unpr...
What Your Numbers Are Saying: Are You Listening?
Part 2: How Attractive Is Your Balance Sheet?
Jul 19, 2021
Most business owners take time each month to review the balance sheet. But are you using your balance sheet to make decisions for your business? What truly make...
5 Common Construction Accounting Risks — and How to Address Them
Jul 07, 2021The primary focus of most contractors is to complete projects according to specifications, on time and on budget. For some construction businesses, accounting t...