The Balancing Act

Weinstein Spira Blog

Weinstein Spira’s blog, The Balancing Act, provides helpful information on technical accounting and CPA firm culture.

Top Categories:           Culture          Tax          Audit           Our Team           Employee Benefit Plan Audits

What is in My Audit Bag?

After six years of working as an auditor, surviving just as many busy auditing seasons, I have learned how to work in a whole different world that keeps me continually on the go! This experience has led to fine-tuning the contents of my audit bag, so that it holds all...

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Transitioning After an Acquisition

Transitioning After an Acquisition

Prior to acquiring a new company, the focus is on due diligence pertaining to technical and financial issues, such as taxes (discussed in my previous blog post, Essential Tax Considerations Before Acquiring a Target Company). At that stage, there is no time to dive...

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Red Flags Not to Miss in a Companys Financials

Red Flags Not to Miss in a Companys Financials

A company’s financials provide important information regarding current economic wellbeing and, if you know what to look for, can provide information on potential future success or failure. Whether you’re an auditor, a tax accountant, a company looking to acquire...

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Optimizing Your 2019 Resume

Optimizing Your 2019 Resume

Resumes are living, breathing documents that need to be kept up-to-date with your latest accomplishments while still fresh in your mind. With online profiles, like LinkedIn, it is ever more important to make changes in real time, so that recruiting search engines are...

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New Year, New Lease Standards

New Year, New Lease Standards

As you may know, the new lease standard, ASU 2016-02, Leases (Topic 842), issued by the Financial Accounting Standards Board (FASB) on February 25, 2016, is now effective for public business entities, along with certain not-for-profit entities and employee benefit...

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Overcoming a Procrastination Mindset in 2019

Overcoming a Procrastination Mindset in 2019

According to Webster’s dictionary, to procrastinate is “to put off intentionally (or habitually) the doing of something that should be done”. The truth is most of us suffer from bouts of procrastination, especially regarding non-preferred tasks. In my experience...

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Practical Mobile Apps for Business

Practical Mobile Apps for Business

Collaboration and productivity are considered high priorities in today’s workplace. With so many mobile apps available to support conducting business on-the-go, we are able to work and connect with others from virtually any place that has web access. There are also...

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Common Misconceptions About Accountants

Common Misconceptions About Accountants

When most people hear the word ‘accountant,’ their vision is clouded by a set of preconceived notions based on old-school misconceptions about the profession. I’m about to debunk some of the common myths that not only get in the way of having a positive relationship...

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Run Your Life Like a Business: Budget Wiselybudget

Run Your Life Like a Business: Budget Wiselybudget

Every company goes through an annual planning and budgeting process to operate their business, so they are able to meet both fixed and capital expenses—making changes as needed to react to inevitable ups and downs in the market. To grow their business, they may need...

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Near-term Trends in the Auditing Profession

Near-term Trends in the Auditing Profession

Independent, third-party audits have long been viewed as a necessary component of doing business. It’s something that generally must be performed in response to outside forces (i.e., banking institutions, external equity holders, etc.) in order to maintain a...

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