Thought Leadership

Fingerprint on Police Fingerprint Card

Train Employees to Help Stamp out Fraud

If your company is tired of being a fraud target, it’s time to train employees how to recognize and uncover unscrupulous activities — before irreparable damage is done. Here’s how.

Learn More

Wooden Hourglass

Time Is up Soon on Private Company Leases

This year, it was public companies. Next year, time is up for private companies to comply with new lease accounting rules that could have major effects on their balance sheets. The new standard goes into effect for private entities in 2020; here’s what to expect.

Learn More

Spilled Jar of Coins On Page

What Type of Expenses Can’t Be Written off by Your Business?

If you read the Internal Revenue Code (and you probably don’t want to!), you may be surprised to find that most business deductions aren’t specifically listed. It doesn’t explicitly state that you can deduct office supplies and certain other expenses. Some expenses are detailed in the tax code, but…

Learn More

Row of Balls with Light

Close-Up on Professional Standards for CPAs

The accounting profession is largely self-regulated by the American Institute of Certified Public Accountants (AICPA). Part of its mission involves the development and enforcement of a broad range of standards for the profession.

Learn More

Building from Ground Up

What’s for Sale: Your Company, or Your Assets?

Even for companies promising strong future growth, a potential buyer may be looking for more immediate value. For some buyers, the value of an acquisition lies in its current assets, and companies with such highly valued assets may find themselves in a strong negotiating position. However, when a…

Learn More

Vintage Cabinet

Dissecting the Role of the Forensic Accountant in Litigation

When people hear the term “forensic science,” they usually think “CSI.” What comes to mind when you hear the term “forensic accounting”? Similar to forensic scientists offering opinions about scientific matters, forensic accountants may be called on to investigate and serve as financial experts in…

Learn More

Monopoly House Pieces

Smart Estate Planning Begins With Protecting Your Assets

It’s one thing to earn enough to live a comfortable lifestyle. It’s yet another to develop a plan for protecting your assets so that there’s more for your heirs after your death. If you’ve been fortunate enough to achieve the former, there are estate planning tips to help with the latter.

Learn More

Circuit Board and Processor

Audits Home in on Cybersecurity

In 2018, U.S. organizations that suffered a data breach lost an average of $7.91 million as a result. That’s the highest average organizational cost of all the countries and regions covered in the 2018 Cost of a Data Breach Study by IBM and independent research firm Ponemon Institute. Malicious or…

Learn More