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.
Most not-for-profit board members are unpaid volunteers. They’ve agreed to serve because they care about your mission and the impact your organization is making.
Many companies now offer Health Reimbursement Arrangements (HRAs) in conjunction with high-deductible health plans (HDHPs).
The use of a company vehicle is a valuable fringe benefit for owners and employees of small businesses.
Even if you haven’t heard much about it lately, know this: Health care fraud is alive and well in the United States.
The average company’s balance sheet understates its value by 80%, according to Sarah Tomolonius, co-founder of the Sustainability Investment Leadership Council. Why?
You may think that only large, well-endowed not-for-profits require the advice of an investment manager.
Among the fastest ways for a business to fail is because of mismanagement or malfeasance by ownership.
Operating a business as an S corporation may provide many advantages, including limited liability for owners and no double taxation (at least at the federal level).
When the value of a stock skyrockets, its investors may think they’ve hit the jackpot.
It’s important for franchisors to periodically audit individual franchisees.
How well do you listen to your not-for-profit’s supporters? If you don’t engage in “social listening,” your efforts may not be good enough.
Like most business owners, you’ve probably been urged by industry experts and professional advisors to identify the most important key performance indicators (KPIs) fo
In the past few months, many businesses and employers nationwide have received “no-match” letters from the Social Security Administration (SSA).
Early revenue recognition has long accounted for a substantial portion of financial statement fraud.
Financial reporting generally focuses on the results of continuing operations.
Have staffers complained because their expense reimbursements are taxed? An accountable plan can address the issue.
Many business owners reach a point where managing the financial side of the enterprise becomes overwhelming.
Bitcoin and other forms of virtual currency are gaining popularity.
When it comes to reducing fraud loss and duration, active detection methods (such as surprise audits or data monitoring) are far more effective than passive methods (s
In July, the Public Company Accounting Oversight Board (PCAOB) published two guides to help clarify a new rule that requires auditors of public companies to disclose c