With new tariff structures and global trade relationships, businesses are working to identify supply chain costs and plan for inventory. As details of future U.S. trade agreements with other countries
Property, plant, and equipment (PPE) assets aren’t immediately expensed under U.S. Generally Accepted Accounting Principles (GAAP). Instead, they’re capitalized on your organization’s balance sheet and gradually depreciated over their useful
Many balance sheet items are reported at historical cost. However, organizations that follow U.S. Generally Accepted Accounting Principles (GAAP) are currently required to report certain assets and liabilities at “fair
To maintain long-term success, you must understand and stay informed regarding your business’ financial health. QuickBooks® offers a powerful reporting tool suite that can provide critical insights to support decision-making
According to “Occupational Fraud 2024: A Report to the Nations,” published by the Association of Certified Fraud Examiners (ACFE), financial losses from corruption are on the rise with nearly half
Financial statements tell a powerful story about your organization. However, without proper analysis, they can seem like an overwhelming collection of figures. Financial benchmarking studies can help you identify historical
For many businesses, travel remains a critical expense, whether for client meetings, networking, industry conferences, or sales opportunities. However, travel and entertainment (T&E) costs can quickly spiral out of control,
Accurate financial records help owners and leaders manage cash flow, tax obligations, and strategic planning. One of the most widely used bookkeeping software solutions for small to midsize organizations is
Subsequent events are in the spotlight these days. The Public Company Accounting Oversight Board (PCAOB) recently initiated a project to modernize outdated auditing standards related to these events. The PCAOB
In today’s volatile, uncertain marketplace, risks are unavoidable. However, proactive owners and executives can manage business risks more effectively with an enterprise risk management (ERM) framework. A structured approach helps
