Rebuttal reports may bridge the gap between conflicting business valuation conclusions
Experts use various methods and inputs when valuing a business. So, it’s common for two valuators working in good faith to reach different conclusions. A rebuttal report can be useful in bridging the gap.
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When to consider subsequent events in a business valuation
The valuation date is an important cutoff point for information that can be used to value a business. But valuators sometimes consider events that happen after that date if they’re “known or knowable.” Here’s an overview of this principle and possible exceptions.
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Factoring industry risk into the business valuation equation
How does industry risk affect business valuation? Here’s how valuation pros answer this critical question.
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Use a business valuation pro to evaluate solvency
Business bankruptcies skyrocketed from 2022 to 2023. Here’s how a solvency opinion may be used to evaluate financially distressed companies, along with three tests valuators use to assess solvency.
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Labor shortages: How manufacturers can attract and retain qualified workers
There are both financial and nonfinancial strategies manufacturers can implement to attract and maintain a skilled workforce.
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Spotlight on auditor independence
External auditors are supposed to be public watchdogs who are “independent” of their audit clients, both in appearance and in fact. Here’s why independence and ethics are at the forefront of stakeholder concerns today.
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Cash vs. accrual accounting: What’s the difference?
Is your business using the optimal method of accounting? What’s right depends on your company’s size, level of sophistication and other key factors.
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Liquidity overload: Why having too much cash may be bad for business
Businesses often stockpile cash during times of uncertainty. But this could be an inefficient, and costly, use of capital. Here’s how to systematically evaluate your company’s cash reserves.
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Why it’s important to get your company’s financials done on time
Timeliness counts in financial reporting. Here’s why it pays to issue your company’s financial statements on time.
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Inventory management systems: What’s right for your business?
Carrying too much inventory can be costly. Here are two alternative inventory management systems that could reduce your business’s inventory carrying costs and boost profits.
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Auditing revenue recognition
Many companies struggle to follow the accounting rules for revenue recognition, particularly if they work on long-term projects. An external audit can help you get it right.
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The future of accounting: How to embrace cutting-edge technology
Artificial intelligence is a hot topic among business leaders. Should your company make a New Year’s resolution to evaluate AI’s potential to improve its financial reporting and planning?
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