Insights
Insights & Resources
Driven by personal passions, Abdo professionals dive deep into their individual areas of expertise and distill their knowledge to keep you fully informed.
4 signs your construction company could be in financial distress
Financial distress rarely shows up as one obvious issue. Often, smaller problems or red flags emerge first. Identifying these early allows you to address them before they affect your company’s financial health. In this article, Abdo partner DJ Charley highlights four signs to watch out for.
How SBA’s New Quality of Earnings Requirement Will Impact Acquisition Lending
Beginning October 1, 2026, earnings quality will play a larger role in SBA-financed acquisitions. Buyers, sellers, lenders, and advisors who prepare for that reality early should be better positioned for a smoother transaction process.
What to know before using AI for tax planning and preparation
AI has quickly become a valuable tool for accountants and taxpayers alike. But when it comes to tax planning and preparation, AI has notable limitations. In this article, Abdo partner and business advisor Eric Hermanson highlights precautions to consider when using AI for taxes.
Beyond compliance: Getting more from your annual audit
With the right mindset and partner, an audit can be an opportunity to strengthen your organization and build confidence in its financial operations. In this article, Abdo nonprofit audit manager Trey Kockelman highlights how your organization can get more value out of the process.
From Minnesota to Arizona: The story behind Abdo’s Scottsdale office
Although Abdo’s Minnesota roots run deep, we’re proud to have an office in Arizona. In this Q&A, Abdo partner and business advisor Phil Wuollet sheds light on how the office came to be, how the firm supports Arizona clients, and on some of the shifts and shakeups in the local business landscape.
Succession planning for manufacturing business owners: Why starting early matters
Succession planning is easy to put off, especially when you have a manufacturing business to run. But delaying the process can limit your options, reduce your business’s value, and create unnecessary tax and transition challenges. In this article, Tyler Petzel highlights the importance of getting started as soon as possible.
Beyond the audit: Building a partnership that drives impact
For many organizations, the annual audit is a source of dread. But for My Very Own Bed, it’s an opportunity to help the organization further its mission. Abdo began working with this Twin Cities-based nonprofit in 2022 and, as Joe Wallis tells it, the partnership has created a meaningful opportunity for the team at Abdo too.
How to better leverage compensation data for your local government
Local governments can struggle to reconcile the results of compensation and classification studies with real-world hiring experiences, especially in the current labor market. To help your local government better structure its compensation, Abdo manager and HR advisor Michael Mooney shares a few things to consider.
Audit or not? How to determine what your organization needs
Not every nonprofit needs an audit. In some cases, an alternative option, such as an internal control consultation or compilation of financial statements, may be the better solution. In this article, Abdo partner and nonprofit advisor Hannah Hugen sheds light on the benefits and limitations of an audit—and how to choose the right service for your nonprofit.
Are multiple bank accounts slowing down your finance team?
Managing multiple funds in local government is complex, and relying on multiple bank accounts can increase errors and other issues. Abdo senior manager and government advisor Tessa Beuning explains how proper fund accounting centralizes tracking and reporting to streamline financial management and reduce risk for your organization.
How accrual accounting can empower your nonprofit
Nonprofits do important work that strengthens communities and changes lives. But to carry out its mission, a nonprofit must have a strong accounting foundation—and this is where accrual accounting plays a key role. In this article, Abdo manager and nonprofit advisor Nathan Maack spotlights how accrual accounting works, why it’s required for some nonprofits, and how organizations of all sizes can benefit from it.
Abdo Accelerate: Q&A with Nick Danger
Abdo Accelerate is a one-day event that gives prospective students a chance to see what working at a public accounting firm is really like. We sat down with Nick Danger to learn more about his journey with Abdo so far.