The statement of cash flows provides answers to the important question “Where did the money go?”
Current economic conditions for the energy sector may indicate that the carrying amount for a long-lived asset has become unrecoverable. In these circumstances, the asset…
The update is significant for the financial reporting and compliance requirements it presents to businesses across all sectors.
Cash flow allows businesses to cover expenses or expansions, but for the construction industry, maintaining a strong cash flow can be especially critical and challenging.
Employers who withhold employee salaries as contributions to benefits plans must act as timely and efficient stewards of these funds or risk fines from the…
The historic preservation tax credit program is designed to encourage developers to restore historic buildings of cultural and aesthetic significance for commercial and residential use.
It’s more important than ever for employers to determine that their benefit plans adhere to Department of Labor and Internal Revenue Service regulations, as these…
The term “audit” gets used liberally when businesses need to provide financial statements to outside parties, but an audit may not actually be what many…
The new Payment Card Industry Data Security Standards require businesses to update and improve security for payments.
Those who are involved in financial reporting for a public or quasi-public entity in the state of Louisiana must be aware of Act 462 of…