Help! The Auditors are Coming!
The key to a successful (and relatively stress free) audit is to be prepared. In this case study, we discuss how we helped one client through audit preparation—and the lessons [...]
Disaster-Proof Your NCAA Statement of Revenue and Expenditures
When natural disasters strike collegiate athletic facilities, they leave more than canceled events and disappointed fans in their wake. Teams need to be relocated, facilities are shut down, games are [...]
Give Your Borrowing Power a Boost with CPA Prepared Financial Statements
Business owners are continually seeking ways to maximize returns on investments, improve net income and increase cash flow. Interest rates on business loans can significantly impact all three of these [...]
Revenue Recognition Changes for Contractors – What Does This Mean for You?
Revenue drives the financial results used by owners, banks, and sureties to measure success for a construction company. So it stands to reason that revenue recognition for contractors – the [...]
GASB 89 – Interest Cost in Construction
The Governmental Accounting Standards Board (GASB) has released new guidance that sets requirements for interest cost incurred before the end of a construction period. GASB Statement No. 89, announced on [...]
Higher Education Uncertain About Impacts of Tax Reform
Virtually every individual and industry in America will be affected by the Tax Cuts and Jobs Act—including higher education. However, tax reform still lacks clarity. The Internal Revenue Service and U.S. [...]