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…
Louisiana residents should familiarize themselves with the state’s unclaimed property laws, which can have different parameters depending on the property type.Unclaimed property may include any…
Now that the foreclosure crisis has all but subsided, the sometimes-murky process by which creditors classify distressed government-backed mortgages can be streamlined.
The FASB and IASB recently issued jointly converged standards for revenue recognition, the implications for which include adjustments that will need to be made by…
On Jan. 1, 2015, many community banks will be subject to changing capital rules that are aimed to improve the quality, while also increasing the…
Private companies have found the increasing complexity of generally accepted accounting principles (GAAP) to be particularly burdensome. Even more complex are the proposed standards currently…
Prevention is the least expensive way to fight fraud but, if you are curious about whether it’s happening in your company, there are steps you…