Thought Leadership

Pen on Graph

The New Lease Accounting Rules Are Here, Are You Ready?

Operating leases will move onto the balance sheet with the new lease accounting rules implementation. At the beginning of this year, public companies started using Accounting Standards Update No. 2016-02, Leases. Private companies must apply the updated guidance for fiscal years beginning after…

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Binders Stacked

Saying Farewell to LIBOR

Many companies pay interest on variable rate loans, based on the London Interbank Offered Rate (LIBOR). In response to a series of scandals in which regulators uncovered banks colluding in attempt to manipulate LIBOR and profit from financial instruments supported by LIBOR, LIBOR will phase out by…

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Gear Wheels

Five Steps to Make Your Business “Recession Proof”

The manufacturing industry has enjoyed prosperity for several years, however, no business is recession-proof. While times are good, proactive owners should take steps to prepare for inevitable downturns in financial performance. The following are five strategies to consider:

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Financial Graph

Recent Bill Calls for Action on Stock Repurchases

In May, a bill that would require the U.S. Securities and Exchange Commission (SEC) to study the rules governing corporate stock buybacks was debated by the House financial services subcommittee. The bill directs the SEC to study potential amendments to Rule 10b-18 that would address some perennial…

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Share Prices and Exchange Rate Tables & Upward Trend Graphs

Stock Repurchases Are on the Rise — and so Is the Risk Involved

In recent years, stock repurchases have skyrocketed, partly driven by the cash flow generated by the Tax Cuts and Job Act (TCJA) and the availability of inexpensive debt capital. So-called “buybacks” have become a political hot button, and some lawmakers want to enhance the information companies…

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Manufacturing Image

Can You Get a Grip on Unemployment Taxes?

Most manufacturers, distributors and retailers spend a considerable amount on salaries and bonuses, which means that federal and state unemployment insurance can represent a substantial cost of doing business. Fortunately, although there may be variations depending on the states where you have…

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Home Office Supplies on Wooden Table (Flat Lay View)

The Time Has Come… MD&A Requirements May Soon Be Updated

In regards to management’s discussion and analysis (MD&A) of financial condition and results of operation, the U.S. Securities and Exchange Commission (SEC) plans to issue a proposal that would “modernize and simplify disclosure rules” by April 2020. Here’s what we know so far.

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