by Mary Doherty | Jun 29, 2021 | Business Planning
Businesses need financial information that’s accurate, relevant and timely. The Securities and Exchange Commission requires publicly traded companies to follow U.S. Generally Accepted Accounting Principles (GAAP), often considered the “gold standard” in financial...
by Mary Doherty | Jun 24, 2021 | Nonprofit
“Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards” (Uniform Guidance) applies to all nonprofits that accept federal funding. It has been updated and amended several times, most recently in 2020. So if you haven’t reviewed...
by Mary Doherty | Jun 22, 2021 | Business Planning
In today’s unprecedented market conditions, it can be challenging to predict metrics that underlie your company’s accounting estimates. Examples of key “unknowns” include how much longer certain pandemic issues will continue, how federal stimulus spending will affect...