What have you done to prepare for the new lease standard?
The new lease guidance (ASC 842) will change how lessees account for leasing transactions in a significant way.
Should your company pursue a ‘Massachusetts Manufacturing Corporation’ Classification?
Massachusetts continues to provide significant tax benefits to corporations that are engaged in manufacturing activities within the state.
Cash Tax Benefits. Is your Startup Company Missing out?
Effective January 1, 2016, the PATH Act provides a payroll tax credit offset of up to $250,000 for qualified small businesses.
10 Ways to Improve Your SOX Compliance Program This Year
SOX compliance is important, but so is managing a business.
What is your company planning on disclosing regarding the impact of adopting ASC 606?
The SEC indicated in a speech in December that they expect more substantial disclosures in 10-Ks on the impact of ASC 606 and companies’ progress.
Are you prepared for year-end?
With year-end close just around the corner, CFGI has assembled a few best practice tips to manage your year-end close and audit process.
Planning for the Recently-Issued Cash Flow Classification Guidance (ASU 2016-15)
In August 2016, the FASB issued ASU 2016-15, Clarification on Classification of Certain Cash Receipts and Cash Payments on the Statement of Cash Flows, to create consistency in the classification of eight specific cash flow items.
Information Quality – Where Does Your Company Stand?
OVERVIEW Timely, relevant, and accurate information – it is what every company desires.