Archive for October 2024
Cybersecurity Certification on the Forefront for Government Contractors
For Your Action: Starting in early 2025, all government contractors’ ability to win new bids could be at risk unless they have taken steps to meet anticipated requirements for Cybersecurity Maturity Model Certification (CMMC). The Department of Defense (DoD) is set to begin a phased implementation of CMMC requirements in DoD contracts, mandating self-assessments for…
Read MoreConstruction in Texas: Building Lasting Success Beyond the Boom
Based on the latest U.S. Census data, Texas is home to nine of the 10 fastest-growing cities between 2020 and 2023. Accompanying that growth is an ongoing construction boom rife with opportunities for Texas-based construction companies. The question remains whether this boom is actually a bubble destined to burst. While construction companies should take advantage…
Read MoreBeyond our Bearings: Leaning into automation to drive productivity
The adoption of Industry 4.0 technology in manufacturing and distribution (M&D) remains a heated debate for many. Referring to the digital transformation of the M&D space, Industry 4.0 technology represents a significant shift in the fusion between physical and digital systems and how they can revolutionize the way companies manufacture, improve and distribute their products.…
Read MoreBracing for Election Impact: Investor Insights for 2024 and 2025
Heading into election season, investors face major questions: How will U.S. election outcomes affect the global economy? What steps can investors take to protect portfolios now? What sectors are most vulnerable – and which represent opportunities for growth – depending on election results? Navigating potential economic impacts from the upcoming elections means weighing sector-specific trends…
Read MoreChristopher Vasquez Discusses Internal Controls with Construction News for Stronger Financial Foundations
Oct. 15, 2024 – Christopher Vasquez, a partner in Assurance Services at Aprio, shared his perspectives on the importance of internal controls for construction firms in the October 2024 issue of Construction News. In the article titled “Blueprint for Success: Strengthen Your Construction Firm with 3 Pillars of Internal Controls,” Christopher highlighted how focusing on…
Read MoreAprio’s Haley Beatty honored with Alpharetta Chamber Women Trailblazer Award
ATLANTA – Oct. 15, 2024 – Aprio, a top 25 business advisory and accounting firm, is proud to announce that Haley Beatty, CFE, CAMS, Forensic Services leader and advisory director, has been named a recipient of the 2024 Women Trailblazer Award by the Alpharetta Chamber of Commerce. This honor celebrates Haley’s outstanding leadership within the…
Read MoreBrent McDaniel Shares Insights with Accounting Today on the Evolution of AI in Accounting
Oct. 15, 2024 – In a recent feature in Accounting Today, Brent McDaniel, chief digital officer at Aprio, shared his insights on the evolving role of artificial intelligence in the accounting profession and how it is reshaping the industry’s future. In the Oct. 11, 2024, article titled “The New Drudgery” by Chris Gaetano, Brent discussed…
Read MoreFederal Employment Tax Issues When Engaging Independent Contractors
At a glance Schedule a consultation with Aprio’s Employment Tax Services team today. The full story: Independent Contractors (ICs) can offer businesses flexibility, specialized skills, and cost savings. However, navigating the payroll tax implications of using ICs instead of or in addition to employees is a critical management decision, from drafting out the initial terms…
Read MoreRevenue Recognition for Government Contractors: The Basics
At a glance: Need further guidance or information on ASC 606? Schedule a consultation with an Aprio advisor today. The full story: When ASC 606 went into effect in 2019, it significantly transformed the revenue recognition landscape by introducing the Five Step Framework, which was used to determine whether the core principle of Topic 606 had been achieved.…
Read MoreKnow Your Numbers: Improving Financial Health through Revenue Cycle Management
At a glance Schedule a consultation The full story: For healthcare organizations, Revenue Cycle Management (RCM) is an important step in managing the entire lifecycle of a patient’s account. The process starts from patient registration to final payment settlement. And as the medical industry continues to get busier, one of the top concerns is viability.…
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