Why are we talking about audit committees now? We are committing a renewed focus on audit committee requirements and best practices for three primary reasons: Financial Institutions are becoming larger,…
Read Article
Preserving the status quo in today’s fickle marketplace can be tricky. To succeed, businesses need to evolve by being proactive and adaptable. But some managers may be unsure where to…
Read Article
Financial statements tell only part of the story. Investors, lenders and other stakeholders who know how to identify red flags of impending problems can protect their own financial interests. Additional…
Read Article
Many companies have an internal audit department that tests whether the organization is accurately reporting financial results and complying with U.S. Generally Accepted Accounting Principles (GAAP). But it’s important for…
Read Article
In today’s volatile economy, many businesses and nonprofits have been required to write down the value of acquired goodwill on their balance sheets. Others are expected to follow suit —…
Read Article
In recent years, accounting rule makers have issued guidance that requires certain items on the balance sheet to be reported at “fair value.” Here are some answers to frequently asked…
Read Article
