Financial Operations
11 Things to Do Now to Prepare for Your First Audit
A financial statement audit attested by an independent auditor includes the examination of a company’s financial records that include balance sheet, income…
Revised Revenue Recognition Standards: The Impact on M&A Transactions
The new accounting standard for revenue recognition will present unique considerations for companies that are eyeing an M&A transaction. Learn more.
You’ve Discovered a Case of Employee Fraud: Now What?
Do you know how to combat employee fraud? Here are the steps to take if a trusted employee has stolen from you.
Indirect Cost Series: Part One – What Are Indirect Costs?
This is part one of a five-part series on indirect costs. When contractors are accounting for contracts, it’s easy to…
Hedge Fund Schedule K-1s and U.S. Foreign Reporting
Hedge funds are investment partnerships that issue a Schedule K-1 to investors which are partners in the partnership. The Schedule…
Approval of Journal Entries (avoiding management letter comments, part 6)
One part of a good system of internal controls is having all general journal entries reviewed. This is also a…