In light of recent cyber-attacks, now more than ever is the time to evaluate whether you are taking the necessary steps to prevent attacks on your company and are prepared in the event that you do fall victim of an attack. Unknown to many, manufacturers are actually a high risk for these attacks. According to […]
The Financial Accounting Standards Board (FASB) sets the accounting rules for the United States. A big change will be occurring that will affect almost all companies and not for profit organizations very soon. Historically, many leases were recorded as “operating leases” and the lease payments were expensed monthly and the lease terms were discussed in […]
The budgeting process may seem tedious and time-consuming, but it’s important. A professional service firm’s budget is more than a financial document — it’s a roadmap that demonstrates goals, sets expectations and benchmarks, and guides decision making on critical issues related to billing rates, fees, distributions, resource allocation, financing and more. Continue reading as James […]