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


Kirsch CPA Group

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


Anthony Lewis

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


Kirsch CPA Group

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


Kirsch CPA Group

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


Kirsch CPA Group

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


Kirsch CPA Group

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


Kirsch CPA Group

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


Nick Roell

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


Kirsch CPA Group

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


Kirsch CPA Group

May 08, 2023