Why Financial Restatements Happen & How to Prevent Them
When companies reissue prior financial statements, it raises a red flag to investors and lenders. However, not all restatements are bad news. Some...
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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.
When companies reissue prior financial statements, it raises a red flag to investors and lenders. However, not all restatements are bad news. Some...
Many companies take an ad hoc approach to technology. If you are among them, it is understandable; you probably had to automate some...
Recent legislation has reduced Social Security claiming strategies for married couples. For example, if you failed to initiate a “File and Suspend” plan...
Income and losses from investment real estate or rental property are passive by definition — unless you are a real estate professional. Why...
Working capital — current assets minus current liabilities — is a common measure of liquidity. High liquidity generally equates with low risk, but...
Concentration risks are a threat to your supply chain. These occur when a company relies on a customer or supplier for 10 percent...
It is a smaller business world after all. With the ease and popularity of e-commerce, as well as the incredible efficiency of many...
Employers: For Social Security, Medicare, withheld income tax, and non-payroll withholding, deposit the tax for payments in April if the monthly rule applies....