The FASB, in conjunction with the Private Company Council (PCC), recently issued an accounting alternative for private companies which is intended to reduce the cost and complexity associated with the…
Streamline the Audit Process with Electronic Working Papers
In today’s accounting environment, most firms and their clients have embraced a paperless work flow to increase efficiency in the audit process. While it’s become second nature for many companies…
Got Unclaimed Property? How to Stay in Compliance with PA’s Unclaimed Property Rules
It happens: a vendor forgets to cash a check, a gift certificate is never claimed or a former employee neglects to cash her paycheck. At some time or another, most…
Five Ways to Make Your Next Employee Benefit Plan Audit Efficient and Pain-Free
For many companies, early summer represents the beginning of the Employee Benefit Plan Audit Season. As a plan administrator, you’re tasked with coordinating data and working with your company’s auditor to…
15 Questions Every Business Owner Should Ask His/Her Accountant
It’s tax season and that means that if you are a business owner, you will likely be meeting with your external accountant in the weeks ahead. To many, this is…
