Archive for Alerts & Advisories Category
By Edelstein on November 1, 2021
Graphs, performance dashboards and other visual aids can help managers, investors and lenders digest complex financial information. Likewise, auditors also use visual aids during a financial statement audit to quickly identify trends and anomalies that
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Posted In: Alerts & Advisories
By Edelstein on October 25, 2021
Interest in environmental, social and governance (ESG) matters has grown significantly during the COVID-19 pandemic. And that momentum may continue under the Biden administration. Currently, about 90% of large public companies voluntarily publish so-called “sustainability
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Posted In: Alerts & Advisories
By Edelstein on October 20, 2021
If you’re fortunate enough to own a vacation home, you may want to rent it out for part of the year. What are the tax consequences? The tax treatment can be complex. It depends on
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Posted In: Alerts & Advisories
By Edelstein on October 19, 2021
Negotiations continue in Washington, D.C., over the future of President Biden’s agenda. Tax law changes may be ahead under two proposed laws, the Build Back Better Act (BBBA) and the Bipartisan Infrastructure Bill (BIB), also
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Posted In: Alerts & Advisories
By Edelstein on October 18, 2021
With the COVID-19 pandemic well into its second year and the start of planning for the upcoming audit season, you may have questions about how to evaluate your company’s going concern status. While some industries
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Posted In: Alerts & Advisories
By Edelstein on October 11, 2021
The COVID-19 pandemic is still adversely affecting many businesses and not-for-profit organizations, but the effects vary, depending on the nature of operations and geographic location. Has your organization factored the effects of the pandemic into
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Posted In: Alerts & Advisories
By Edelstein on October 4, 2021
Timely financial reporting is key to making informed business decisions. Managers need to know what’s in the pipeline to respond promptly and decisively. Unfortunately, it typically takes several weeks to prepare financial statements under U.S.
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Posted In: Alerts & Advisories
By Edelstein on September 27, 2021
Timely financial data is key to making informed business decisions. Unfortunately, it’s common for managers to struggle with their companies’ accounting systems to get the information they need, when they need it. Often, it takes
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Posted In: Alerts & Advisories
By Edelstein on September 21, 2021
Related-party transactions and financial connections are a normal part of operating a business. But these arrangements have gotten a bad rap because dishonest people sometimes use them to disguise poor performance or dishonest activities. So,
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Posted In: Alerts & Advisories
By Edelstein on September 13, 2021
In the first half of 2021, there was a surge in financial restatements. The reason relates to guidance issued by the Securities and Exchange Commission, requiring special purpose acquisition companies (SPACs) to report warrants as
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Posted In: Alerts & Advisories