Our Thoughts On Archive

Professional Services

Articles 21 - 30 of 39

Audit, Leases, Professional Services
Patti Giudici | 11.7.2018

Professional Service Firms - Are You Ready for the Implementation of the New Lease Standard? What Are the Five Key Questions to Ask?

Professional service firms will be required to adopt Accounting Standards Update (ASU) 2016-02 Topic 842 - Leases (ASU 2016-02) in the upcoming years.

Professional Services
George Adams | 8.3.2018

It's Never Too Early to Plan for Your Successor

In the past year, we have worked with clients in a variety of industries to address succession matters. Some industries seem to have a more natural succession

Professional Services, Tax, Tax Reform
Ryan Bianco | 8.3.2018

Advisers Longing Clarity on Qualified Business Income Deduction

When the Tax Cuts and Jobs Act (The Act) was signed into law at the end of 2017, questions arose immediately regarding the applicability of the 20% deduction

Audit, Financial Services, Professional Services
Patti Giudici | 7.11.2018

Funding for Start-Up Companies

“I have developed the next groundbreaking software tool, but how can I obtain funding in order to grow this innovation?” This is an all-too-familiar

Audit, Professional Services, Retail
Michael Maloney | 7.6.2018

Accounting for Cloud Computing

Earlier this month, the Financial Accounting Standards Board’s (FASB) Emerging Issue Task Force (EITF) reached a consensus to permit the capitalization

Business Advisors, Fraud/Investigative & Forensic Accounting, Professional Services
Brian Webster | 6.18.2018

Expense Reimbursement Schemes in the Professional Services Industry

According to the 2018 ACFE Report to the Nations on Occupational Fraud and Abuse, the median loss from occupational fraud costs the professional services

Professional Services, Tax Reform, Wealth Management
James Moyer | 5.31.2018

Time to Revisit that Roth Conversion?

Thanks to the recently enacted Tax Cuts and Jobs Act, now could be the best time to convert your traditional IRA into a Roth IRA. Roths have been in the

Audit, Professional Services
Patti Giudici | 2.22.2018

Revenue Recognition Considerations for Engineering Firms

In August 2017, the FASB issued guidance for engineering firms in connection with the implementation of ASU 2014-09 and the five-step model. Step One requires

Audit, Professional Services
Patti Giudici | 2.22.2018

Revenue Recognition Considerations for Software Companies

In August 2017, the FASB issued guidance for software companies in connection with the implementation of ASU 2014-09 and the five-step model. Step One

Professional Services, Tax, Tax Reform
George Adams | 2.7.2018

Impact of Tax Reform on Professional Service Organizations

The Tax Cuts and Jobs Act (The Act) was signed into law on December 22nd and brings with it the most sweeping changes to the Tax Code in more than 30 years.

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