HK Business News

Some entrepreneurs underestimate the importance of maintaining organized books and records for financial reporting purposes. Here are four tips for building a solid bookkeeping foundation.

Our audit team understands the challenges audit committees face today. Here are five top concerns identified in a recent study.

Time flies when you’re busy running a business. It’s important to pause at midyear and assess interim financial performance. Otherwise, you could be surprised by your company’s year-end results.

Does your business provide environmental, social and governance (ESG) reports or disclosures? This is a hot financial reporting topic among stakeholders that warrants attention in today’s markets.

Stakeholders want accurate, transparent information about your organization’s financial performance. It’s up to you to supply them with information they fully understand to make informed decisions.

Happy Earth Day! In recognition of this “green” holiday on April 22, here are some energy-saving tips for your business that can help save money and the planet.

For retailers, manufacturers and many other businesses, a significant amount of working capital is tied up in inventory. What can your company do to lower its inventory carrying costs?

Are your accounting estimates for work in progress (WIP) inventory reasonable? To find out, your auditors will carefully analyze your methods of allocating costs and recognizing revenue.

The best metric to gauge a company’s performance may not always be net income or earnings per share, as defined under U.S. Generally Accepted Accounting Principles (GAAP). Increasingly, companies are supplementing their financials with non-GAAP metrics.

Today, many companies are seeking innovative ways to improve their financial health. One area to focus on, that’s easy to overlook, is billing and collections.

How will 2024 treat your manufacturing company? Here are six tax-related items to focus on this year

Does your manufacturing company have antifraud controls in place? It should.