Frequently Asked Questions About Prepaid Expenses
The concept of ‘matching’ is one of the basic principles of accrual-basis accounting. It requires companies to match expenses (efforts) with revenues (accomplishments)...
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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.
The concept of ‘matching’ is one of the basic principles of accrual-basis accounting. It requires companies to match expenses (efforts) with revenues (accomplishments)...
With the lifetime gift and estate tax exemption at $11.40 million for 2019 ($11.58 million for 2020), you may think you do not...
Business owners are urged to create succession plans for the good of their families and employees. But there is someone else who holds...
According to the Society for Human Resource Management, 47 percent of companies offer a community volunteer program for employees. Chief Executives for Corporate...
With Thanksgiving behind us, the holiday season is in full swing. At this time of year, your business may want to show its...
Goodwill shows up on a company’s balance sheet when the company has been acquired in a business combination. It represents what is left...
‘Situational awareness’ is a term used in the military and elsewhere to describe an individual’s ability to stay fully alert of all potential...
‘Company culture’ is a buzzword that has been around for a while, but your culture may never have mattered as much as it...
Is your non-profit thinking about merging or otherwise restructuring? Recently, the IRS made the process easier for some organizations. Revising old rules Under previous IRS...