Accounting and Assurance

Accounting compliance doesn’t necessarily equate with economic reality. Former Enron CFO Andrew Fastow, one of the “poster boys” for corporate fraud, warns that misstatement often happens because of ambiguity and complexity in the accounting rules.

Over time, it’s common for accounting records to become cluttered with unused and duplicate list items. Here are some ways for QuickBooks users to clean things up and make data entry more efficient.

Financial reporting is more than an exercise in compliance. Proactive owners and managers view their income statements as a diagnostic tool to gauge performance and fix inefficiencies and anomalies.

When reviewing a company’s financial statements, you may wonder: What are deferred taxes and how does the company quantify them? Wonder no more.

Has the start of spring piqued your interest in green business practices? Eco-friendly initiatives can be good for the earth, as well as your company’s bottom line and long-term value.

QuickBooks comes with a lot of bells and whistles. Here’s a look at some helpful advanced business management features that you might not be aware of.

What types of information and procedures do auditors use to verify account balances and transactions? Anticipating document requests and inquiries can help make your next audit more efficient.

Entrepreneurs often invest blood, sweat and tears to start new businesses. But few are experts in financial reporting. Don’t let accounting mishaps derail your startup!

A picture is worth 1,000 words … or numbers. Here’s how graphs, charts and other visuals can make your financial data more digestible to financial statement users.

Are you looking for someone to manage the books and records for your small business? Whether you’re operating a startup or an established business that recently lost its bookkeeper, hiring the right person for these tasks can be challenging. Selecting […]

Five accounting rule changes go into effect for certain entities this year. Which ones are relevant to your organization?

What software does your organization use for its accounting needs? Here are answers to frequently asked questions about one of the most popular options: QuickBooks.