Let’s find a better way to manage your receivables


Timely collections are key to effective working capital management. If your company is experiencing substantial delays and write-offs, it’s time to rethink your policies and procedures.

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Why do companies restate financial results?


Lenders and investors count on the accuracy of your company’s financial statements, so a restatement may raise a red flag. But the reasons for restatements can range from the mundane to the serious.

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The pros and cons of interim reporting


Interim financial reports don’t have to be perfect to give stakeholders insight into midyear financial performance. But it’s important to learn their potential shortcomings to avoid jumping to premature conclusions.

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In pursuit of global tax transparency


Aggressive global tax strategies expose investors and other stakeholders to potential risks. A recent study highlights this problem and calls for rules mandating more detailed disclosures.

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How auditors use nonfinancial information


CPAs use both nonfinancial and financial measures in an audit. What story does the nonfinancial data tell about your company’s operations and the reasonableness of its financial statements?

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AUP engagements: A middle ground between audits and consulting services


Have you ever heard of an agreed upon procedures (AUP) engagement? This lesser-known attestation service could be a flexible, cost-effective and objective way to meet the needs of your business and its stakeholders. Learn more.

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Measuring “fair value” for financial reporting purposes


Certain assets and liabilities must be reported at fair value, rather than historic cost. Find out what the term “fair value” means, how it differs from other standards and why you shouldn’t recycle a valuation.

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Predicting future performance


CPAs don’t have a crystal ball. But they can estimate your company’s future performance. Here’s how.

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Close-up on financial statements


There are three types of financial statements. One is the income statement. Can you name the other two? Click on the link for the answer and to learn what each statement says about your company’s financial performance.

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Comparing internal and external audits


Internal and external auditors provide complementary coverage of financial matters that can help you make informed business decisions. What’s the difference between them?

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