Insights & Resources
Insights
Driven by personal passions, Abdo professionals dive deep into their individual areas of expertise and distill their knowledge to keep you fully informed.
How to use QuickBooks as a fraud detection tool
Many organizations use QuickBooks as a cost-effective solution to manage their accounting processes. But did you know that this software can also function as a fraud detection tool?
Auditor selection: A critical process for a successful partnership
Engaging an auditor is ultimately the responsibility of an organization’s leadership. But choosing an auditor can be a daunting task. Here are some tips to help you find and select the right auditor for your organization.
Businesses, be prepared to champion the advantages of an HSA
If an HSA is part of your company’s benefits strategy, it’s important to invest in employee education, prioritize communication, and explain the advantages that your employees stand to gain from the benefit.
Avoiding challenges to your estate plan
A primary goal of estate planning is to ensure that your wishes are carried out after you’re gone. It’s important to design your estate plan to withstand potential will contests or other challenges down the road.
Spring cleaning in QuickBooks
Over time, accounting records can become cluttered with unused items and duplications. Discover how to clean things up in your QuickBooks account.
5 valuation terms that every business owner should know
Business owners: Whether or not you’re thinking about getting your company appraised, it’s a good idea to brush up on commonly used valuation terms.
How digital assets could impact your tax liability
If digital assets show up on your balance sheet, it’s important to understand how the actions you take with them could impact your tax liability.
What you should know about HOA fraud
There are things you can do to both prevent fraud and mitigate its impacts within your HOA. It’s important to know what to look for and how to take action.
The hidden costs of QuickBooks vs. cloud accounting
As your organization finds itself outgrowing QuickBooks, you may be faced with the important decision of where to go next.
What ESG means for your organization
ESG offers a framework for looking beyond an organization’s financial statements to its environmental, social, and governance principles and practices. Setting a plan now for how your business will implement, track, and report ESG initiatives is critical to preparing for the future.
Why you shouldn’t stress about your nonprofit’s single audit
Most people cringe when they hear the words “single audit.” But here’s the thing: There’s no need to fear. Here are a few things you can do for a stress-free Single Audit.
When to Consider a Cost Segregation Study
A cost segregation study can be an effective way to accelerate depreciation and maximize tax savings within your real estate portfolio, but not every real estate owner will benefit from a study.