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Articles
Budgeting Scorecard
Creating an annual budget is a vital step for any organization. While a budget can help an organization set goals for the upcoming year, the consequences of not developing a budget can be severe. Budgeting serves as a roadmap for an organization,...
Guest Article: Understanding SALT (State and Local Taxes)
Inez Mello, Director of Sates and Local Taxes at CCR LLP, discusses the implications that State and Local Taxes (SALT) can have on businesses.
Understanding SALT (State and Local Taxes)
As states seek additional sources of revenue, the...
The Evolution of Enterprise Risk Management
The Evolution of Enterprise Risk Management
Over the past two decades, there has been considerable discussion, anxiety and frustration among higher education board members about the pace of change in embracing and adopting the concepts of Enterprise...
Guest Article: I Just Called to Say I Love You
Stephen McGee, National Practice Leader at Grant Thornton Corporate Finance, discusses unsolicited acquisition approaches in middle-market M&A.
Stevie Wonder was on to something when he wrote, “I just called to say I love you”; I’m just not sure...
Ask the Experts: How do you optimize financial resources when upgrading your accounting system?
Answer: Most organizations upgrade their accounting system as they grow or evolve. Often, organizations find that their current financial system has limited capability to provide pertinent financial information for performance tracking, financial...
Upcoming Reporting Deadlines: September 2011
While many organizations focus on preparing for the yearend audit, they should also keep in mind important deadlines, such as filing annual state and federal forms. Keep the following reporting deadlines in mind.
September 30
A...
Continued Pressure on the US to Adopt IFRS
Since 2002, lawmakers in the United States have been working to bring American accounting rules more in line with the accounting principles used by more than 100 other countries. As the U.S.’s Securities and Exchange Commission (SEC) is set to...
Ask the Experts: What is the difference between Retained Search and Contingency Search?
While there are several differences between retained search and contingency search, it is best to start with a broad definition of each. Retained search is when a search firm forms a partnership with a client to focus its staff’s full effort and...
Guest Article: The Dishonest “Trusted Bookkeeper” Part 2: How to Respond and Investigate Internal Fraud
Michael S. Brown, Director in Marcum LLP’s Advisory Services Group’s New York office, explains how to respond and investigate internal fraud, in a follow up to The Dishonest Trusted Bookkeeper Part 1, which details how to spot internal fraud.
Once...
Are You Outgrowing Your Accounting System?
Are You Outgrowing Your Accounting System?
An organization’s accounting system is an integral piece of its operations and should evolve with its needs. Most companies start out using an accounting system specifically designed for small businesses,...