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Related-Party Transactions Draw Attention From Auditors

September 28, 2021

Related-party transactions and financial connections are a normal part of operating a business...

Best Practices for Reporting Business-Related T&E Expenses

September 21, 2021

Many companies have resumed some level of business-related travel and entertainment (T&E)..

What the House’s Newly Released Tax Plans Could Mean for US Expats

September 15, 2021

Early this year upon being sworn in, President Biden and his administration proposed a..

Changing From a Deduction to a Credit for Foreign Taxes May Open Up Statue of Limitations For Taxpayers

September 14, 2021

Everyone knows it is better to take a credit than a deduction for the same amount of expenses...

EU Issues Legislative Proposals on Anti-Money Laundering

September 8, 2021

In late July, the European Union (EU) unveiled an ambitious package of legislative proposals to..

Private Companies: Are You on Track To Meet the 2022 Deadline for the Updated Lease Standard?

August 23, 2021

Updated accounting rules for long-term leases took effect in 2019 for public companies. Now,..

Financial Statements: Take the Time to Read the Entire Story

August 9, 2021

A complete set of financial statements for your business contains three reports. Each serves a..

Internal Control Questionnaires: How to See the Complete Picture

August 2, 2021

Businesses rely on internal controls to help ensure the accuracy and integrity of their..

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