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For a business owner at an early-stage startup looking for an outside investor, maintaining a sound set of financial statements is not only key to securing capital but is important for assessing the health of your business.
By now, just about everyone knows about the Equifax data breach. What makes this data breach so alarming is that Equifax is one the of the three major credit reporting bureaus in the U.S. Have you checked to see if your personal information is compromised? If so, do you know what to do about it? Read on to learn how to check and what steps you should take to protect your security.
On August 18, 2017, the SEC staff released Staff Accounting Bulletin No. 116 to conform its staff guidance on revenue recognition with Accounting Standards Codification Topic 606.
Business credit card abuse by executives and sales representatives has become a top focus of forensic accounting cases. So what enables these individuals to enrich themselves at will? Oftentimes, it comes down to two preventable factors.
When disaster strikes, organizations can face significant losses—not only from damage to physical property, but also from the business interruption caused by the event. As companies take steps to recover and rebuild, here are five key tips to keep in mind when filing an insurance claim after a disaster.
There are clear benefits to performing sell-side due diligence in connection with the sale of a business. More sellers are investing in sell-side financial due diligence as a key component of a well-run sales process which, for many reasons, there is no substitute for when it comes to selling a business.
With cyberattackers growing increasingly sophisticated in their methods and the number of data breaches on the rise, it’s no wonder that cybersecurity is top of mind for both the public and private sectors. In fact, the numerous attacks in recent years have been serious and costly enough to prompt action at the federal level.
In years past, partnership audit adjustments were passed out to individual partners, and tax was subsequently assessed at the partner level. All that changed on June 13, 2017 when the IRS issued regulations that contain new procedures for partnership audits.
Debit cards are fairly easy to use. Unfortunately they are also easy targets for fraudulent activity, but many people are unaware of these financial risks.
The FASB recently issued ASU 2017-11 to simplify the accounting for certain financial instruments with down round features. This new standard will reduce income statement volatility for many companies that issue warrants and convertible instruments containing such features.

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