Posts Tagged ‘Financial Statements’
The Pulse on the Economy and Capital Markets: Feb 21 – 25, 2022
At a glance: The invasion of Ukraine has resulted in another unstable week for the stock market. Investors hope the Federal Reserve will react slower to inflation. Businesses are keeping up with M&A trends to address supply chain challenges. Consumer sentiments over inflation differ from their spending habits. Markets were down globally with international, and…
Read More5 ESG Investment Benefits for Management
At a glance Are you ready to build your social balance sheet? Contact our team for a free consultation. The full story: Environmental, social and governance (ESG) investing prioritizes companies with durable profit growth because those companies have built sustainable relationships with their customers, employees and communities. Essentially, they have de-risked their business through strong governance,…
Read MoreNorth Carolina Businesses Set to Receive a New Wave of COVID-19 Financial Relief
At a glance: The full story: North Carolina-based businesses are receiving a life preserver to help weather the devastating impact of COVID-19: the Business Recovery Grant Program (BRGP). The BRGP was launched by the North Carolina Department of Revenue (NCDOR) to help owners recoup some of the financial losses they have endured as a result…
Read MoreBuilding a Better AML Program for Money Services Businesses
At a glance: Schedule a consultation today with one of Aprio’s Certified Anti-Money Laundering Specialists The full story: From the check-cashing business on the corner to the prepaid gift cards in your local convenience store, there are many ways to access and exchange money outside of standard banking institutions. While these alternatives can be an…
Read MoreBefore Offering Cryptocurrency as a Payment Option, There Are Pros and Cons to Consider
At a glance Schedule a free consultation with our team The full story: You don’t have to be an expert in the market to know that cryptocurrency has been increasing in popularity across the globe for the last several years. After the runup in prices that took place in early 2021, more investors, consumers, vendors…
Read MoreWhat Upcoming Tax Legislation Might Mean For You, Your Business, and Your Estate Plan
At a glance The main takeaway: House and Senate Democrats are debating and modifying President Joe Biden’s tax proposals with a view toward passing legislation as part of the budget reconciliation process. Each of the competing proposals contain tax increases, including rate changes, new or restored limitations on deductions and the likelihood of increased IRS enforcement.…
Read MoreFAQs: Applying for the Restaurant Revitalization Fund Grant
At a Glance: On April 17, the U.S. Small Business Administration (SBA) released its landing page about the Restaurant Revitalization Fund (RRF) grants, serving as a comprehensive guide to the program. The SBA has also released a sample RRF grant application. The application portal could be open as soon as May 1, 2021. On April…
Read MoreWill Financial Statements Require Disclosures Related to COVID-19?
Due to the uncertainty caused by COVID-19, business owners and executives should be keenly aware of the additional disclosures or adjustments required to financial statements not yet issued. It may be appropriate to include additional disclosures in the financial statements due to the already known business interruptions that are occurring and the projected impacts on…
Read More7 Restaurant Internal Controls to Beef up Your Business
It takes passion to run a restaurant. Passion for food. Passion for the customer experience. Passion for financial management … wait, what? Few chefs and restaurant owners would cite financial management among the reasons they went into business. But restaurant internal controls are crucial to operating a self-reliant business, as well as minimizing financial mistakes…
Read MoreSelling a Business? Why a Quality of Earnings Report Must Be a Top Priority
If you’re selling a business, preparing a quality of earnings report should be at the top of your to-do list. The analysis of your expenses and revenue gives potential buyers visibility into your organization and accounting practices. A seller’s lack of preparation is one of the most common factors to sideline a deal. Don’t let…
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