Testing Goodwill for Impairment Under GAAP
Acquired goodwill and other indefinite-lived intangible assets must be reported on your balance sheet at fair value and tested at least annually for...
17 June, 2016
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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.
Planning for Today’s Pensions
Some observers have commented that few private sector workers can look forward to pensions after retirement. The traditional pension, a lifelong stream of...
15 June, 2016
Today’s Asset Purchase Could Turn into Tomorrow’s Tax Break
Shopping, anyone? If your business is in need of office equipment, computer software or perhaps an HVAC system, the purchase you make today...
15 June, 2016
Finding the Right Tax-Advantaged Account to Fund Your Health Care Expenses
With health care costs continuing to climb, tax-friendly ways to pay for these expenses are more attractive than ever. Health Savings Accounts (HSAs),...
14 June, 2016
Subsequent Events: To Report or Not to Report?
Financial statements reflect a company’s financial position at a particular date and the operating results and cash flows for a period ended on...
10 June, 2016
Business Owners: Put Your Successor to Work Before You Set Sail
A hastily chosen or ill-prepared successor can lead a company astray or, in worst cases, mismanage it into bankruptcy. Before you set sail...
08 June, 2016
Combine Business Travel & a Family Vacation Without Losing Tax Benefits
Are you thinking about turning a business trip into a family vacation this summer? This can be a great way to fund a...
07 June, 2016
Should You Pay Summer Interns?
Each year, many companies—large and small—offer summer internships. Interns are frequently college students between academic years and they are usually unpaid. Recently, such...
06 June, 2016
Sustainability Reporting: Have You Joined the Bandwagon?
More than 80 percent of S&P 500 companies issued sustainability reports in 2015, according to a recent study by the Governance & Accountability...
03 June, 2016
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