How Rising Interest Rates and Inflation May Affect Financial Reporting
External market conditions may affect the amounts reported for certain items on the financial statements, including profits, loans, leases, investments and intangible assets. Estimates and disclosures for various items may be affected by current (or Read More
Jul 28, 2023
How Businesses Can Remain Agile Amid Economic Uncertainty
Most business owners can agree that we are living in strange economic times. Some industries are thriving while others are struggling to contend with high interest rates, lingering supply chain issues, and inconsistent consumer behavior. Read More
Jul 24, 2023
3 Big Inventory Issues for Construction Companies
In the construction industry, supply-chain challenges are nothing new. They've just gotten much more media attention over the last few years. Increased globalization, a pandemic and geopolitical strife have all contributed to some notable slowdowns, Read More
Jul 17, 2023
M&A Reminder: Earnouts Bring Critical Tax Considerations
Merger and acquisition (M&A) activity is widely expected to pick up this year, after a lull in 2022. Amid economic uncertainty, earnouts are likely to play a big role in many deals. The structuring of Read More
Jul 15, 2023
Benchmarking to Gauge Risk in Business Valuation
Benchmarking — or comparing a company's financials to those of industry peers and its own historical performance — can provide insight into future cash flows and operating risks. Business valuation professionals use the following types Read More
Jun 27, 2023
How to Classify Information on the Statement of Cash Flows
The statement of cash flows is arguably the most misunderstood and under-appreciated part of companies' annual reports. But it can also provide valuable insight to stakeholders who understand its uses and potential weaknesses. The guidance Read More
Jun 24, 2023
Ins & Outs of Private Foundations
The term "501(c)(3) organization" — which refers to the Internal Revenue Code section governing not-for-profit entities — often is used interchangeably with "public charity." But not all 501(c)(3) organizations are public charities. Some are private Read More
Jun 19, 2023
3 Signs It’s Time to Exit the Day-to-Day & Scale Your Business
A business owner’s workday is rarely idle. Especially in the early years, it’s not unusual to find an entrepreneur juggling multiple roles, both out of financial necessity and the desire to make sure everything is Read More
Jun 15, 2023
Estimating the Value of Your Business Today
Proactive business owners always have an eye on the future. And part of that preparedness means knowing what the company is currently worth and doing everything possible to maximize that price. Operating in a sale-ready Read More
May 23, 2023
Got a “Business” Idea? You Might Want to Form a Nonprofit
Do you have an idea for a new venture with social benefits or environmental applications? You can set up as a for-profit entity — such as a C corporation, S corporation or limited liability company Read More
May 08, 2023