Small Business Insights

The standard for valuing certain assets and liabilities under U.S. Generally Accepted Accounting Principles (GAAP) is “fair value.” This differs from other valuation standards that may apply when valuing a security or business interest in a litigation or mergers and acquisitions (M&A) setting.

FASB guidance

The Financial Accounting Standards Board (FASB) issued Accounting...

You may be spending considerable time and resources training and upskilling sales staff on cross-selling and expanding existing customer relationships. And this is, no doubt, a critical task. But don’t overlook the vast pool of prospects that want to buy from you but just don’t know it yet.

Identifying and winning over a steady flow of new buyers can safeguard your business against...

Turn on your computer or mobile device, scroll through Facebook or Twitter, or skim a business-oriented website, and you’ll likely come across the term “emerging technologies.” It has become so ubiquitous that you might be tempted to ignore it and move on to something else. That would be a mistake. In today’s competitive business landscape, your ability to stay up to date — or, better yet, get...

It's common for you to associate your CPA with historical financial data and performance; after all, audits and tax returns typically report what has already happened. But don't forget you can hire one to help predict how a company will perform in the future, too.

Prospective reporting options

There are three types of reports to choose from when predicting future performance:...

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