New Year, New Auditing Standards

New Year, New Auditing Standards

In October 2021, the American Institute of Certified Public Accountants (AICPA) Auditing Standards Board (ASB) issued Statement on Auditing Standards (SAS) No. 145, Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement in...
Is ASC 842 Lease Software Worth Utilizing?

Is ASC 842 Lease Software Worth Utilizing?

Does your company have a significant number of leases? Are you required to apply accounting under Accounting Standards Codification 842, Leases (ASC 842)?  If so, you may want to explore purchasing software to assist with accounting for those leases. Lease accounting...
Picking the Right QuickBooks Version

Picking the Right QuickBooks Version

Deciding which QuickBooks version is a best fit for your business can be a challenge. There are quite a few offerings to meet the needs of a variety of business models and industries. This articleprovides a brief description of each QuickBooks version highlighting...