HK News

There are many manufacturing-centric uses for big data analytics. How can your operations benefit?

In today’s uncertain markets, your business may decide to discontinue unprofitable product lines or business units. Are you up to speed on the accounting rules for reporting discontinued operations?

Do you know the three keys to lowering your company’s working capital requirements?

Coming soon! The FASB recently issued amendments to help organizations that rent property from related parties report those arrangements on their balance sheets.

Warning: Non-GAAP metrics can sometimes mislead investors! That’s why some stakeholders want a formal definition of EBITDA to be added to the accounting rules.

Accounting compliance doesn’t necessarily equate with economic reality. Former Enron CFO Andrew Fastow, one of the “poster boys” for corporate fraud, warns that misstatement often happens because of ambiguity and complexity in the accounting rules.

Over time, it’s common for accounting records to become cluttered with unused and duplicate list items. Here are some ways for QuickBooks users to clean things up and make data entry more efficient.

Financial reporting is more than an exercise in compliance. Proactive owners and managers view their income statements as a diagnostic tool to gauge performance and fix inefficiencies and anomalies.

When reviewing a company’s financial statements, you may wonder: What are deferred taxes and how does the company quantify them? Wonder no more.

Has the start of spring piqued your interest in green business practices? Eco-friendly initiatives can be good for the earth, as well as your company’s bottom line and long-term value.

1. Tax Help for College Expenses 2. Overlooked Deductions and other Tax Errors 3. Check a Charity's Status Before Donating 4. Taxability of Disability Income 5. Health Savings Accounts for 2024

You should always operate your business as if it's up for sale, because you never know when you'll receive an offer that's too good to refuse. Plus, sales of some business interests may not be planned. Part of operating in a sale-ready state is knowing the current value of your company. Here's an overview of the fundamentals of valuing a private business, including key value drivers.