Article written by: Dustin Minton, CPA, MBA Director, Assurance & Business Advisory Services Anna Markin, CPA, MBA Manager, Assurance & Business Advisory Services For the past few years, the delivery trend has been on the rise with many delivery service providers (DSPs) like DoorDash, Grubhub, and Uber Eats providing an easy and convenient platform for your customers […]
Article written by: Anna Markin, CPA, MBA Manager, Assurance & Business Advisory Services As 2020 quickly comes to an end, we are pleased to provide restaurateurs with an annual reminder of items to keep on the radar before the annual financial statement audit. Planning is the key to a successful and efficient audit. Staying in touch with your external audit […]
Article originally published March 17, 2020 Updated March 19, 2020 SBA Disaster Assistance Program for Coronavirus (COVID-19) Declared for Several Ohio Counties As mentioned previously, the long-anticipated SBA disaster program has been approved for several states including Ohio. Please visit the SBA webpage for applications for eligible states and counties. ________________________________________________________________________ March 17, 2020 We are pleased to provide an […]
Article written by: Dustin Minton Director, Restaurant Services So much has changed in so few days and we wanted to reach out during this troubling time to make sure you’re aware of and leveraging the information being put out by the National Restaurant Association (NRA) and Ohio Restaurant Association (ORA), including their recent communication regarding order limiting the sale of food […]
Article written by: Ethan Lane, CPA Assurance Senior “Company Loses Millions Due to Fraud” is a headline no one wants to experience. Unfortunately, it is a concept we hear and read about in the news on a regular basis. So, how do you detect and prevent employee fraud? Tips are the most common detection method According to the (ACFE) […]
Many businesses have adopted robotic process automation (RPA), or plan to do so in the future. While most RPA initiatives target “core” business operations, routine accounting functions also can be automated to help lower costs and allow personnel to focus on higher-level analyses and strategic projects. Here’s some insight into how to integrate RPA in your accounting department. Paving the […]
Are Generally Accepted Accounting Principles (GAAP) too complex for smaller, private companies? Here are some simple alternatives that can reduce financial reporting headaches.
Are you happy with your company’s approach to compensation? More important, are your employees? It may be time for an adjustment to ensure you’re providing equitable compensation.
Classifying your workforce can be difficult. Misclassification of employees and independent contractors is a common mistake made by many nonprofit organizations. This misclassification can end up costing the organization a significant amount of money in IRS penalties, state penalties and back taxes.