It’s hard to keep up with compliance requirements when there are so many new regulations being added every day. Unless you have an internal auditor, how do you know if your company is following all the rules? Even if you have an internal auditor, … [Read more]
An LLC is a limited liability company. This hybrid business entity provides the limited liability features of a corporation as well as the tax efficiencies and operational flexibility of a partnership. There are no owners in an LLC, but rather … [Read more]
The American Institute of CPAs (AICPA) was founded in 1887 to represent the CPA profession nationally regarding rule-making and standard-setting. The AICPA holds a high level of professional standards for accountants, as well as a strict code of … [Read more]
According to the United Nations’ annual World Investment Report, published by the organization’s economic think tank UNCTAD, global foreign direct investment will rise 12.5 percent to $1.62 trillion this year as the economic recovery tempts China, … [Read more]
Business finance, most commonly known as corporate finance in the business world, involves allocating resources, reviewing debt and equity financing opportunities. To secure financial information online, CSPM platform is crucial. While large … [Read more]
On May 28, 2014, the Financial Accounting Standards Board and the International Accounting Standards Board issued “sweeping, generally aligned standards on revenue reporting that were 12 years in the making,” according to an article in Bloomberg … [Read more]
“If you can read a nutrition label or a baseball box score, you can learn to read basic financial statements. If you can follow a recipe or apply for a loan, you can learn basic accounting. The basics aren’t difficult and they aren’t rocket … [Read more]
A corporation (Inc.) is one of the first types of business entities ever formed in the United States. A limited liability company (LLC) has only been around since 1977 when Wyoming became the first state to allow LLC formation. LLCs have some of the … [Read more]