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Under the “current expected credit loss” (CECL) model, entities will will need to consider all forward-looking information when determining allowances for credit losses. Here’s what you need to know about the model.
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The IRS has issued a reminder that employers can use educational assistance programs to help employees pay off their student loans and will hold a webinar to discuss the details.
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No business owner has a fully functional crystal ball. But a carefully created forecast or projection can help you better prepare for the future.
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Collecting payment from customers takes time and patience. To bridge the cash gap, consider some creative strategies to monetize outstanding receivables.
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Private companies will be exempt from a coming FASB proposal on disaggregating income statement expenses, but including comprehensive expense disclosures may be a good idea regardless of whether your business is private or public.
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If your business is facing a merger or acquisition, there are a lot of factors to consider when it comes to the negotiations and financial implications – but don’t underestimate the importance of your HR department in the M&A process.
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In today’s uncertain markets, your business may decide to discontinue unprofitable product lines or business units. Are you up to speed on the accounting rules for reporting discontinued operations?
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Regardless of which season you’re in as a business owner, you need to be prepared with a winning strategy well in advance of a business transition.
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GAAP measures can sometimes be too rigid and may not fully reflect the underlying economics of a business. . If you’re supplementing with non-GAAP measures in your reporting, it’s important to be transparent about the adjustments being made.
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As inflation and interest rates rise, efficient working capital management is critical. Check out these three keys to lowering your company’s working capital requirements.
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