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.
Abdo Accelerate: Investing in people and our future
Now in its eleventh year, Abdo Accelerate has evolved into a summer-long experience that officially kicked off in early May.
In financial planning, forecasts and projections aren’t the same
No business owner has a fully functional crystal ball. But a carefully created forecast or projection can help you better prepare for the future.
Employers Need to Reevaluate Drug Testing Policies in Light of Minnesota Marijuana Legalization
The legalization of marijuana in Minnesota has created new challenges for employers, who must now grapple with how to enforce drug-free workplace policies in a state where marijuana is legal of August 1, 2023
Turning receivables into cash
Collecting payment from customers takes time and patience. To bridge the cash gap, consider some creative strategies to monetize outstanding receivables.
FASB votes to exempt private companies from disaggregation of income statement project
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.
Strategic tax planning Q&As for construction businesses
Maximize your tax savings by engaging in year-round strategic tax planning for your construction business. Here are six important questions to consider.
Addressing pay equity at your business
Businesses today are under increased pressure to address pay equity to ensure compensation is determined free of unjust biases. Fortunately, there are real, actionable ways you can address it at your company.
Why Your HR Department Is Critical to the Success of Your Merger or Acquisition
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.
Understanding the basics of discontinued operations reporting
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?
To file or not to file a gift tax return, that is the question
If you’re giving gifts this year you may be wondering if you need to file a gift tax return. In fact, there are situations when it’s necessary (or desirable) to file even if you’re not liable for any gift tax.
Questions to ask yourself in business transitions – and baseball
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.
Reporting non-GAAP measures
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.