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5 Business Topics to Discuss with Your Accountant
As a small business owner, you have a million questions running through your mind each day—and typically, it’s up to you to answer them! However, having a business accountant comes in handy for those...
View ArticleAccounting Reports Every Business Owner Should Review
Your small business is chugging along. You’re making sales, securing contracts, and keeping up with your day-to-day management. What you probably make less time for is reviewing your accounting...
View ArticleGuide to Finding the Right Accounting Firm
Each year, as your business grows, management of accounting tasks gets trickier. Business priorities shift, whether due to outside factors or your own needs. Sometimes, it can feel like a great weight...
View ArticleCash Flow Statement
Cash Flow Statement Money is essential to any business. Many decisions a business makes often includes the topic of money and funding. Whether a business wants to expand and hire more personnel, or it...
View ArticleGovernment Contract Accounting FAQ
Government Contract Accounting FAQ There are government contract accounting questions that frequently come up during the course of recording transactions or bookkeeping. These questions seems to be...
View ArticleAllowability of Meals and Entertainment
Allowability of Meals and Entertainment As a government contractor, understanding the allowability of meals and entertainment is imperative to your business. You can recuperate costs from the...
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Year End Financial Check 2021
Its that time of year again, and no, I’m not talking about holidays. It’s that time of year when you need to start thinking about closing the books, preparing annual financial statements, and filing...
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The New Lease Standard
The New FASB Lease Standard Year-end finally feels like a distant memory, and you can breathe again. Do not get too comfortable though. As one door closes, another opens… the new lease standards. You...
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Payroll Expenses & Job Cost Allocations
Payroll allocation is important for government contractors because government contractors must follow special FAR guidelines in their accounting. The Federal Acquisition Regulation, or FAR, are...
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Working Capital & Liabilities
Working capital is the difference between a company’s current assets and its current liabilities. Current assets include cash, inventory, receivables, and other assets which are expected to be turned...
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