M&A volume skyrocketed in 2018. However, before you close on a prospective deal, it’s important to consult with your auditor and make sure your post-M&A financial statements comply with U.S. Generally Accepted Accounting Principles. Prepare the …Read More

 

Your exit strategy may not be the first thing that comes to mind when thinking about tax planning for your business. But it should be a key element to look out for your own financial …Read More

 

The end of the year is approaching and it’s time to perform an effective inventory count. Beyond accounting compliance, a year-end physical inventory count can help reduce carrying costs and unearth fraud. Are you ready to …Read More

 

Since a lot of money flows through accounts payable (AP), it is important to get it right! Auditors can help by using four key procedures on AP: reviewing standard operating procedures (SOPs), analyzing source documents (such as …Read More

 

Who’s monitoring your licenses? Whether due to error or fraud, underpayments may happen when your company licenses intellectual property to others. An external audit can ensure accurate royalty payments. The agreement The parties’ attorneys usually …Read More

 

Too often, businesses allocate all or most of a building’s acquisition or construction costs to real property, overlooking opportunities to allocate costs to shorter-lived personal property or land improvements and boost current tax deductions. The …Read More

 
Jill Pettit

Holmberg Earns Business Valuation Credential

Business valuation expert, Jeff Holmberg, CPA, CMA, CVA with Froehling Anderson, Ltd has successfully completed the certification process with the National Association of Certified Valuators and Analysts (NACVA®) to earn the Certified Valuation Analyst (CVA) …Read More

 
Wade Christensen

Valuation Discounts for Estates and Gifts May End

Earlier this month, the IRS released proposed regulations aimed at eliminating certain practices of transferring value to descendants at a discounted value.  The proposed regulations under IRC Section 2704 are aimed at two current estate …Read More