FASB issues new segment expense disclosure rules
Starting in 2024, public companies must comply with new accounting rules requiring them to disclose more details about their business unit costs. This is the most significant change to segment expense reporting in 25 years.
Read More It’s important to track tools and small equipment
The technology for tracking tools and small equipment has become more cost effective and secure in recent years. Here’s how to use a tracking system to help protect these assets and your company’s bottom line.
Read More Teaching your accounting staff to master the art of negotiation
Does your company’s accounting team have strong negotiation skills? Here’s how to help bookkeepers and controllers become artful negotiators.
Read More Using QuickBooks to prepare 2024 budgets and forecasts
Are you planning the short and long-term future of your business? QuickBooks has analytical tools to help answer questions on upcoming profitability and cash flow needs.
Read More Overview of the offsetting rules
Derivatives and other arrangements can help your business hedge against financial risks. How should these transactions be presented on your financial statements?
Read More Are you ready for year-end inventory counts?
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.
Read More 4 ways to prepare for next year’s audit
It’s time to prepare for next year’s audit. Are you ready for fieldwork to begin?
Read More Accounting for M&As
Here’s an overview of M&A accounting rules to help minimize the guesswork (and rework) related to purchase price allocations.
Read More Tips for a faster month-end close
Closing the books at month end is a dreaded chore at many companies. Here’s how to simplify the process at your company.
Read More Shareholder advances: Debt or equity?
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?
Read More 2024 Cost-of-Living Adjustment Numbers Released
Take these 2024 cost-of-living adjustments into consideration as you work on your year-end tax planning.
Read More Take action now to reduce your 2023 income tax bill
Concerned about your 2023 tax liability? Consider these year-end tax planning strategies.
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