Have Multiple Locations? Expect Auditors to Keep a Close Eye On Inventory
Do you remember the high-profile fraud that happened at drugstore chain Phar-Mor in the 1990s? Executives manipulated the company’s financial statements to hide...
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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.
Do you remember the high-profile fraud that happened at drugstore chain Phar-Mor in the 1990s? Executives manipulated the company’s financial statements to hide...
As a business owner, you know it is easy to spend nearly every working hour on the multitude of day-to-day tasks and crises...
Non-profit boards can vary widely, with different responsibilities and expectations for their members. The structure, for example, can be anything from a less-involved...
On December 20, Congress completed passage of the largest federal tax reform law in more than 30 years. Commonly called the ‘Tax Cuts...
You thought you could trust your employees, but now someone has embezzled from your company. And even though you are sure you know...
It will surely go down as one of the biggest news stories of the year. From the world of entertainment to Capitol Hill,...
It is important to resist the temptation to rely on gut instinct or take shortcuts when budgeting for 2018. Creating a solid budget...
Individual standalone long-term care insurance sales declined nearly 60 percent from 2012 to 2016. Premiums fell from $550 million to $228 million. During that...
There is an old saying regarding family-owned businesses, “Shirtsleeves to shirtsleeves in three generations.” It means the first-generation owner started in shirtsleeves and...