Guidance for Growth

Advisory Watch2024-06-20T13:55:38-04:00

Webinar Recording | Implementing the Lease Standard, ASC 842

This webinar recording from November 30 provides an overview of the lease accounting standard and a demo of our software solution designed to ease the burden of implementation for your organization. We will also address some of the common pitfalls, business implications, possible financial benefits, and more.

November 11, 2022|Categories: Accounting, Audit & Assurance, Past Events|Tags: , |

Strategic Material Handling and Major Subcontracting Indirect Rates

Government regulation requires costs to be classified as either a direct cost or an indirect cost.  As we know, indirect costs, in the aggregate, represent the largest class of expense incurred on government contracts.  Direct costs, by definition, are identifiable with a specific “final cost objective” while indirect costs are associated with common or joint cost objectives.

November 8, 2022|Categories: Government Contracting|Tags: , |

IRS Warns of Employee Retention Credit Fraud

The IRS recently warned employers to beware of advertisements and solicitations that promise tax refunds that seem too good to be true. They promise business owners lucrative tax refunds from the Employee Retention Credit through filing amended payroll tax returns.

November 7, 2022|Categories: Tax: Business|Tags: , , |

Labor Recording! Are you ready for an audit?

Labor recording is the basis for the valuing and allocating the efforts of you and your employees and a critical process for government contractors who depend on it for their product and services costing (read billing/cash flow) and pricing.

November 1, 2022|Categories: Government Contracting|Tags: |

Not-for-Profit Document Retention Policies and Guidelines

Document retention policies are a necessary part of nonprofit management, but not everyone knows how to go about file storage. Now that organizations are back in the office, it’s an excellent time to review their document management strategy.

October 31, 2022|Categories: Not-for-Profit|Tags: |
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