Tag: Business Advisory

While your P&L paints a broad picture of financial viability, it may not be telling you the whole story. Too often, businesses have a financial reporting structure that makes it difficult to identify what’s driving Read More

As a business owner, you face endless, competing priorities. One priority that shouldn’t be overlooked – and that can truly change your business for the better – is the month-end closing of your books. An Read More

Few business owners don’t see value in taking time to scrutinize their financial statements, especially at the end of the year. But do they take the time to do so? And when you, or your Read More

Comprehensive financial statements prepared under U.S. Generally Accepted Accounting Principles (GAAP) include three reports: the balance sheet, income statement, and statement of cash flows. Together these reports can be powerful diagnostic tools to help evaluate Read More

The 2017 Tax Cuts and Jobs Act (TCJA) included a deferred provision that changes the way research and development (R&D) expenses are deducted for tax purposes beginning with the 2022 tax year. Prior to 2022, Read More

When an entire specialty has been built around a single business metric, it suggests a great need in the marketplace. But a need for what, exactly? “Business valuation” sounds like a straightforward concept, but in Read More

Download our case study to learn how Kirsch CPA Group supported a Cincinnati entrepreneur from a business acquisition through a successful sale – and everything in-between. The owner and CEO of Cincinnati-based design consultancy Kaleidoscope Read More

For 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 end.  The new accounting standard, also known as “ASC 842,” Read More

In our latest guide, Build a Better Business by the Numbers, we explore the common pitfalls of profitability and how to avoid the mistakes that will harm your bottom line. Understanding your profitability starts with Read More

The business landscape has so many unexpected events and impossible-to-predict circumstances that metrics describing an organization’s financial health can seem relatively straightforward by comparison. It’s money in and money out, for the most part. However, Read More