Dec 6, 2019 | Tax, Uncategorized
As the name implies, First-In, First-Out (FIFO) is a way for companies to value their inventory. The first items put into inventory or produced by the company are accordingly the first taken out of inventory or transferred to customers and therefore expensed. When it...
Dec 5, 2019 | News & Events
McConnell & Jones LLP (MJ) is pleased to partner with Boys & Girls Clubs of Greater Houston to bring Christmas cheer to more than forty children this holiday season. Professionals throughout the firm collected gifts and monetary donations in excess of $2,500...
Oct 4, 2019 | Audit, Nonprofit
When not-for-profits lose funding sources, default on loans or leave employees unpaid, board members can clearly see that they’re in financial crisis. Often, a board can avoid such disasters by noticing the signs of financial distress. By keeping an eye out for the...
