HK News

Which areas of your organization’s financial statements pose the greatest risk of material misstatement? Here’s a recent report that may help identify high-risk accounts and transactions.

Here’s how to get control of your overhead allocations and make better-informed pricing decisions in today’s volatile marketplace.

Keeping tabs on business mileage can be time-consuming. Here’s how to use accounting software to simplify matters.

Here’s how daily or weekly flash reports can help your organization become more responsive to changing market conditions.

There’s a talent crisis in the accounting profession that’s getting worse every year. Cross-training is one way your organization can attract and retain skilled accounting personnel.

Not every CPA is qualified to audit employee benefit plans. Here’s how to pick the right auditor for your plan.

Don’t take accounts receivable at face value. Here’s how to evaluate the quality of receivables.

Collecting cash from customers takes time and patience. To bridge the cash gap, consider these creative strategies to monetize outstanding receivables.

Are you fed up with all the recent accounting rule changes? For many private companies, the new lease standard that went into effect in 2022 was the last straw. Here’s an alternative reporting framework to consider.

Bills, bills, bills! From utilities and payroll to taxes and supplies, there’s always a bill that needs to be paid when you own a small business. When cash is short, it pays to understand the differences between profits and cash flow.

Beware of fraudsters hyping the Employee Retention Tax Credit! Not all businesses are eligible despite the claims you may be hearing on TV or in mail, phone and email solicitations.

1. Tax Scams are Year-Round 2. Help for Post-High School Costs 3. Uncle Sam Wants Some of Your Gambling Winnings 4. Take IRS Deadlines Seriously 5. Tax Treatment of Cryptocurrency