Accounting
Valuing profits interests in LLCs
The use of so-called “profits interest” awards as a tool to attract and retain skilled workers has increased, as more companies are being structured as limited liabili
Internal audit 2.0: Paperless and continuous auditing trends
Technology is altering the traditional approach to internal audits. Instead of reviewing reams of paperwork, today’s auditor is learning to use electronic records.
Measuring fair value for financial reporting
Business assets are generally reported at the lower of cost or market value.
Management letters: Have you implemented any changes?
Audited financial statements come with a special bonus: a “management letter” that recommends ways to improve your business.
Budgeting is key to a successful start-up
More than half of recent college graduates plan to start a business someday, according to the results of a survey published in August by the American Institute of Cert
Auditing grant compliance
Has your organization received any public or private grants to fund its growth? Grants sometimes require an independent audit by a qualified accounting firm.
Corporate governance in the 21st century
What’s the purpose of a corporation? For the last 50 years, the answer was “to maximize shareholder value.” But, on August 19, CEOs of 181 leading U.S.
The untouchables: Getting a handle on intangibles
The average company’s balance sheet understates its value by 80%, according to Sarah Tomolonius, co-founder of the Sustainability Investment Leadership Council. Why?
What to expect during a franchise audit
It’s important for franchisors to periodically audit individual franchisees.
Reporting discontinued operations
Financial reporting generally focuses on the results of continuing operations.