Blog
Is Your Data Safe?
What small businesses need to know about data security Does your company have sufficient safeguards in place to protect client, employee, and company data? Donna Dietz, president at CMIT Solutions, states that hackers prefer small to medium size businesses. Why? These...
What’s Going on with GSA Schedule Contracts?
Some of the Latest on GSA & VA Schedule Contracts GSA manages forty different schedules including ones specific to the Veteran Administration (VA) as well as a few that allow purchases from multiple schedules at once. Both the GSA and VA schedules offer a wide...
What Types of Cases Do Forensic Accountants Handle?
Hiring forensic accountants for cases involving fraud investigation, litigation support, disputes and more With the seeming rise in corruption and financial related crime in both the for- and non-profit sectors, identifying when forensic accounting is required can...
Get Ready for the Affordable Care Act Benefits & Tax Reporting – Part 2
Affordable Care Act Information for Employers with 50 or More Employees The 2014 tax season is upon us and, with the ACA now in full implementation, it is necessary to stay updated on the provisions and modifications impacting your business as well as benefits to your...
Will the new reporting method for goodwill affect your company’s merger?
In January 2014, the Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) that provides private companies with an alternate method of reporting goodwill under Generally Accepted Accounting Principles (GAAP). Adopting FASB’s standard...
Get Ready for the Affordable Care Act Benefits & Tax Reporting
What you need to know for the health of your small business in 2015 As a small business employer, you strive to provide the ideal health insurance benefits to attract and retain the best employees possible. At the same time, you want to ensure your CPA helps you avoid...
HUBZone Program
What is the HUBZone? The Historically Underutilized Business Zones (HUBZone) is a program offered by the Small Business Administration (SBA). The HUBZone is the result of the ‘Small Business Reauthorization Act of 1997’ [1] and its purpose is to help “small...
Efficiency Ratios #2
In this blog, I will be discussing efficiency ratios. Efficiency ratios are used internally to check if the company is utilizing their assets and liabilities efficiently in earning revenues. Efficiency ratios are mainly used to assess how well assets and liabilities...
Financial Ratios #1 (3-part series)
Financial data by itself may not give the complete picture about a company's performance and financial wellbeing. It is difficult to evaluate standalone numbers without comparing them to certain norms and standards. Ratios provide a set of standardized parameters...