Accounting

Recent supply shortages may cause unexpected problems for some businesses that use the last-in, first-out…

The updated lease accounting standard is currently in effect for private companies. After several postponements…

In the spirit of Independence Day, it’s a good time to review the rules for…

The pandemic and the ensuing economic turmoil have put tremendous stress on businesses. Many companies…

How often does your company generate a full set of financial statements? It’s common for…

Numbers tell only part of the story. Comprehensive footnote disclosures, which are found at the…

Disclosure of contingent liabilities — such as those associated with pending litigation or government investigations…

Business owners and investors are understandably concerned about skyrocketing inflation. Over the last year, consumer…

Financial statements look at historical performance. But there are times when you want forward-looking reports…

Maintaining the status quo in today’s volatile marketplace can be risky. To succeed, businesses need…