On Your Mark, Get Set, Go!

Jun 20, 2019 | Audit, Nonprofit

Preparing to implement the new Lease Accounting Standard – ASU 2016-02, Leases (Topic 842) The FASB’s lease accounting standard change, ASU 2016-02, Leases (Topic 842), presents dramatic changes to the balance sheets of lessees.  With the effective dates quickly...

How to Create Cash Flow Projections and Profit & Loss Statements

Jun 4, 2019 | Audit, Tax

When it comes to making cash flow projections, we’re all aware that it’s not an exact science. One of the main difficulties about accurately projecting cash flow has to do with timing. Examples include factoring in overhead such as payroll; lease or tax payments on...

Most Common Startup Mistakes (and How to Avoid Them)

May 10, 2019 | Tax

As Small Business Week comes to an end, we reflect on the many stages of owning a small business. While there are many business successes, there are unfortunately many more business failures. Various factors, including the type of industry or the age of a business,...