Firm News

Firm News

  • Bartering may be cash-free, but it’s not tax-free April 20, 2017 Bartering might seem like something that happened only in ancient times, but the practice is still common today. And the general definition remains the same: the exchange of goods and ...
  • How can you take customer service to the next level? April 19, 2017 Just about every business intends to provide world-class customer service. And though many claim their customer service is exceptional, very few can back up that assertion. After all, once a ...
  • Benchmarking receivables April 14, 2017 Accounts receivable represents a major asset for many companies. But how do your company’s receivables compare to others? Here’s the skinny on receivables ratios, including how they’re computed and sources ...
  • Look at your employees with cybersecurity in mind April 12, 2017 Today’s businesses operate in an era of hyper-connectedness and, unfortunately, a burgeoning global cybercrime industry. You can’t afford to hope you’ll luck out and avoid a cyberattack. It’s essential to ...
  • Create a strong system of checks and balances April 7, 2017 The Securities and Exchange Commission (SEC) requires public companies to evaluate and report on internal controls over financial reporting using a recognized control framework. Private companies generally aren’t required to ...
  • Matchmaker, matchmaker: Choosing the right lender April 5, 2017 It’s easy to think of lenders as doing your company a favor. But business financing relationships are just that: relationships. Yes, a lender has the working capital you need to ...
  • Adam Dimmick Appointed to CFMA Board April 3, 2017 Adam Dimmick, shareholder at Briggs & Veselka Co. CPAs and head of the firm’s construction practice, assumed a position on the board of the Houston chapter of the Construction Financial ...
  • 3 financial statements you should know March 31, 2017 Successful business people have a solid understanding of the three financial statements prepared under U.S. Generally Accepted Accounting Principles (GAAP). A complete set of financial statements helps stakeholders — including ...
  • Consider key person insurance as a succession plan safeguard March 29, 2017 In business, and in life, among the most important ways to manage risk is through insurance. For certain types of companies — particularly start-ups and small businesses — one major ...
  • How auditors evaluate fraud risks March 24, 2017 Assessing fraud risks is an integral part of the auditing process. Statement on Auditing Standards (SAS) No. 99, Consideration of Fraud in a Financial Statement Audit, requires auditors to consider ...