Accounting and Assurance

For retailers, manufacturers and many other businesses, a significant amount of working capital is tied up in inventory. A year-end physical count of raw materials, work-in-progress and finished goods is essential.

It’s time to prepare for next year’s audit. Are you ready for fieldwork to begin?

Here’s an overview of M&A accounting rules to help minimize the guesswork (and rework) related to purchase price allocations.

Closing the books at month end is a dreaded chore at many companies. Here’s how to simplify the process at your company.

Times are tough for many companies. If you need to advance your business money to make ends meet, how should the transaction be reported on your financial statements?

The accounting rules for reporting income from long-term contracts for book and tax purposes can be confusing. Here’s a brief overview of the accounting rules.

Can you name the three reports that make up a comprehensive set of financial statements under U.S. GAAP? To get a holistic assessment of your organization’s performance, it’s important to look beyond profits.

Should your company report tax positions taken (or to be taken) on tax returns before they’re resolved with the tax authorities? Here’s an overview of the accounting rules for uncertain tax positions under U.S. GAAP.

Which areas of your organization’s financial statements pose the greatest risk of material misstatement? Here’s a recent report that may help identify high-risk accounts and transactions.

Here’s how to get control of your overhead allocations and make better-informed pricing decisions in today’s volatile marketplace.

Keeping tabs on business mileage can be time-consuming. Here’s how to use accounting software to simplify matters.

Here’s how daily or weekly flash reports can help your organization become more responsive to changing market conditions.