HK Business News

Which business structure is right for your manufacturing company, S corporation or limited liability company?

Got questions about fair value under U.S. GAAP? Here are some answers to help take the guesswork out of reporting these estimates.

To discount or not to discount? The answer is critical when valuing a minority shareholder’s interest. On a combined basis, discounts for lack of control and marketability can lower value by 20%, 30% or more.

Do you know the differences between cash and accrual accounting methods? Some small business owners are unaware of the options that are now available to them.

Most companies with more than one owner should enter into a buy-sell agreement, including manufacturing businesses. Critically, the agreement must periodically be reviewed and updated.

In today’s marketplace, conditions are ever-changing. By the time you issue year-end financial statements, you may be dealing with a major development that’s affecting your company’s performance. Which developments must be recognized or disclosed in your financials?

Valuing a business is like hunting for treasure. Your expert must dig into the subject company’s books and records for clues to unearth the answer.

Remember Enron? Doing business with so-called “related parties” may result in nepotism, sweetheart deals and skewed financial results. Here’s how auditors customize their procedures for related-party transactions.

Manufacturers have the option of taking a 100% first-year bonus depreciation deduction on qualified equipment placed into service this year. After 2022, the deduction is scheduled to begin to phase out over the next five years.

Dell, H.J. Heinz, Dunkin’ and many other companies have delisted from the public markets in recent years. Is it time for your company to say goodbye to Wall Street?

Owners of struggling businesses may want to assess how much their operations are worth for many reasons, including M&A, estate planning, shareholder buyouts and bankruptcy. Here’s an overview of how valuation professionals treat these special circumstances.

What are the top concerns your organization is currently facing? This is just one of the questions audit committee members were asked in a recent survey about the audit process in 2021.