How Auditors Assess Risk When Preparing Financial Statements
Every year, your audit firm will conduct a fresh risk assessment before the start of fieldwork. Why? Because your auditor wants to mitigate...
26 October, 2018
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KPM is a highly experienced firm of CPAs and advisors that has served clients throughout Southwest Missouri for decades. As you may know, the accounting industry is always evolving amid complex rules and regulations. As a result, our firm publishes timely updates on a variety of accounting topics to help keep you informed.
Starting Slow with A SIMPLE IRA
For certain employers, particularly small businesses, introducing a retirement plan for employees may seem like a daunting task. The company owner may feel...
26 October, 2018
Reduce Insurance Costs by Encouraging Employee Wellness
Protecting your company through the purchase of various forms of insurance is a risk-management necessity, but just because you must buy coverage does...
24 October, 2018
How Successfully Has Your Non-Profit Shifted from Overhead to Impact?
In the not-so-distant past, charity watchdog groups such as GuideStar, Charity Navigator, and the Better Business Bureau’s Wise Giving Alliance were notorious for...
24 October, 2018
Could ‘Bunching’ Medical Expenses Into 2018 Save You Tax?
Some of your medical expenses may be tax deductible but only if you itemize deductions and have enough expenses to exceed the applicable...
23 October, 2018
Striking a Balance Between Fraud Prevention & Employee Privacy
The expense of preventing fraud is minimal compared to the cost of cleaning up after fraud has been committed. One common fraud deterrent...
22 October, 2018
Assessing the Effectiveness of Internal Controls
Strong internal controls can help prevent and detect fraud. That is why Section 404(a) of the Sarbanes-Oxley Act (SOX) requires a public company’s...
19 October, 2018
Identifying the Real MVPs in Your Organization
Every year, when baseball season finally ends, a most valuable player (MVP) is named in each league. Not everyone agrees on the choice;...
19 October, 2018
Bond Ladders May Hedge Interest Rate Hikes
Just as volatility and high prices might make some investors leery of stocks now, the threat of rising interest rates may worry fixed...
18 October, 2018
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