Social Networks
Accounting
Beware: Coronavirus may affect financial reporting
The coronavirus (COVID-19) outbreak — officially a pandemic as of March 11 — has prompted global health concerns.
Lease or buy? Changes to accounting rules may change your mind
The rules for reporting leasing transactions are changing.
When to write off stale receivables
Accounts receivables are classified under current assets on the balance sheet if you expect to collect them within a year or within the operating cycle, whichever is l
4 steps to a stronger balance sheet
Roughly half of CFOs believe an economic recession will hit by the end of 2020, and about three-quarters expect a recession by mid-2021, according to the 2019 year-end
FAQs about audit confirmations
Auditors use various procedures to verify the amounts reported on your financial statements.
4 key traits to look for when hiring a CFO
Finding the right person to head up your company’s finance and accounting department can be challenging in today’s tight labor market.
Reporting contingent liabilities
Contingent liabilities reflect amounts that your business might owe if a specific “triggering” event happens in the future.
Accounting for indirect job costs the right way
Construction contractors, professional service firms, specialty manufacturers and other companies that work on large projects often struggle with job costing.
What are the responsibilities of an audit committee?
Before you jump headfirst into the year-end financial reporting process, review the role independent audit committees play in providing investors and markets with high
Benchmarking financial performance
You already may have reviewed a preliminary draft of your company’s year-end financial statements. But without a frame of reference, they don’t mean much.
Pages
