Insight Tag: Accounting & Bookkeeping

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.

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.

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.

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.

Blog
New Guidance Issued To Help Business Owners Navigate The Choppy Employee Retention Credit (ERC) Waters
New notices from the IRS could impact your business.
Aug 2, 2021

Blog
Robotic Process Automation Elevates CPAs’ Advisory Game
Find out how automation is empowering advisory services.
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

Podcast
Episode 298: Getting Paid in America: Deep Diving into National Payroll Week
Dee Gray talks about national payroll week.
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.