Author
May 10, 2022
Article

Lease Accounting Standard: The Time is Now

The multi-year delays in implementation of the new lease accounting standard are over and now it’s go time. This is it, and if your company or nonprofit has not yet started gathering the information necessary to properly report its lease obligations for 2022, there is no more time to waste.
Author
Nov 22, 2021
Article

Streamline Your Business: ERP Systems and You

Managing the data that keeps your business afloat can feel like a job in itself, and when many think of investing in enterprise resource planning (ERP) software, they think of expensive, inaccessible software.
Jun 20, 2022
Blog

Restaurants Order Up Actionable Financial Data with Outsourced Accounting

Outsourcing of accounting and bookkeeping support services is an increasing trend among many businesses and is growing quickly in the restaurant industry. It’s a solution that addresses a confluence of factors affecting restaurants these days, especially restaurant businesses that are smaller and mid-sized operations.
Author
Nov 30, 2021
Blog

Top 5 Tips To Help You Prepare For New Lease Accounting Standards

For those of you who were hoping against hope that the Financial Accounting Standards Board (FASB) would further delay the new lease standard for private companies, I’m afraid you’ll be disappointed. The Pennsylvania Institute of CPAs was looking for a two-year delay for the adoption date, but the FASB turned that request down in November.
Author
Sep 13, 2021
Blog

When Did You Last Update Your Costing/Pricing Models?

Effective costing and pricing models are essential if you’re looking to maximize profits and maintain your competitive edge in the marketplace.
 
Sep 14, 2021
Podcast

Episode 299: What’s in It for Me? Breaking Down ESOPs

Employee Stock Ownership Plans & You Employee Stock Ownership Plans (ESOPs) continue to grow in popularity. Today, more and more owners are considering ESOPs as their ideal succession strategy. ESOPs are a great way to empower your team and promote continued business growth – long after employees retire. In this uncertain job market, ESOPs are … Continued
 
Sep 1, 2021
 
Aug 16, 2021
Podcast

Episode 296: Everything You Need to Know About the New Lease Accounting Standard… For Now

Jim Suttie, a principal on Rea’s lease accounting task force, provides some insight into what the new lease accounting standard means and how to start preparing.
 
Aug 3, 2022
PR

Rea & Associates Continues to Move Up the Rankings on Inside Public Accounting’s Top 100 List

Inside Public Accounting's Top 100 Firm List today. Rea & Associates is positioned at #78.