February 8th, 2019 Private companies that follow U.S. Generally Accepted Accounting Principles (GAAP) must comply with the landmark new revenue recognition standard in 2019. Many private company CFOs and controllers report that they still have significant work to do to meet the demands of the sweeping rules. If you haven’t started the implementation process, it’s […]
Read MoreFebruary 7th, 2019 With the year underway, your business probably has a strategic plan in place for the months ahead. Or maybe you’ve created a general outline but haven’t quite put the finishing touches on it yet. In either case, there’s a time-tested approach to refining the strategic plan that you should consider: a SWOT […]
Read More“I alone cannot change the world, but I can cast a stone across the water to create many ripples” – Mother Teresa Ricky Adams is a tax manager at Bradshaw, Gordon & Clinkscales, LLC. He has been with the firm for 4 years and specializes in Not-For-Profits and Business Valuations. He graduated from the University […]
Read MoreFebruary 1st, 2019 Under the Sarbanes-Oxley Act, the audit committee — not the management or the full board of directors — is directly responsible for appointing, compensating and overseeing external auditors. Periodically, it’s a good idea to assess the effectiveness of your audit committee by performing a self-evaluation. Here are reasons to conduct a self-evaluation, […]
Read MoreJanuary 31st, 2019 A good marketing plan should be like a network of well-paved, clearly marked roads shooting out into the world and leading back to your company. But, all too easily, a business can get stuck in the mud while trying to build these thoroughfares, leaving its marketing message ineffective and, well, muddled. Here […]
Read MoreJanuary 29th, 2019 If you’re like many Americans, letters from your favorite charities have been appearing in your mailbox in recent weeks acknowledging your 2018 year-end donations. But what happens if you haven’t received such a letter — can you still claim an itemized deduction for the gift on your 2018 income tax return? It […]
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