Financial Accounting Standards Board (FASB) issued the Accounting Standards Update 2014-09 – Revenue from Contracts with Customers in May 2014, which has rewritten the rules for…
The Tax Cuts and Jobs Act was passed by the House and Senate and signed by the President at blazing speed. Now that the dust…
As lawyers who handle family law cases know, divorce can be ugly — particularly when it comes to money. One of the greatest challenges for…
When an employee breaks the rules, the wronged party’s remedies may seem obvious — for example, breach of contract or fiduciary duty damages or asset…
Evaluate your Inventory Management System Does your manufacturing business have an effective inventory management system? Inventory impacts nearly every aspect of your business, yet still…
The merger and acquisition market has been hot for manufacturers in the first half of 2016, and the momentum is expected to continue through year…
Increasingly, the proper treatment of the appreciation of assets is coming up in divorce cases. Although the issue typically arises in the context of a…
The yardstick method, which bases economic damages on the performance of comparable “guideline” companies, is a tried-and-true approach for estimating damages, but, like other methods,…
Every business will usually find that they have old outdated uncashed payable and payroll checks on its bank reconciliation for months and sometimes even years. …
There is an updated version of this article. Click here to view the updated version. On February 25, 2016, the Financial Accounting Standards Board (FASB)…