Recent Posts
Unlocking Your Business’s Full Potential
Tips and Tricks to Maximize Value Every business owner wants to see their company thrive. But what separates a good business from a truly valuable one? Here are some key strategies you can implement to maximize the value of your business: Build a Sustainable Revenue...
The Critical Need for CFO Succession Planning
The Critical Need for CFO Succession Planning Introduction In the ever-evolving business landscape, the CFO role has expanded significantly, necessitating a broader skill set and forward thinking. However, recent findings from Deloitte's CFO Signals™ survey for Q2...
Why Every EV Vehicle Business Owner Should Care About DMV Audits
Why Every EV Vehicle Business Owner Should Care About DMV Audits As an electric vehicle (EV) business owner in Florida, staying compliant with regulatory standards is crucial not only for the smooth operation of your business but also to avoid hefty fines and legal...
FASB Proposes New Accounting Rules for Environmental Credits
FASB Proposes New Accounting Rules for Environmental Credits On June 12, 2024, the Financial Accounting Standards Board (FASB) proposed new rules to standardize how companies account for environmental credits, such as renewable energy certificates and carbon offsets....
The Evolution of Cryptocurrency: A Path to Maturity
Maturing Crypto Markets Cryptocurrency markets, long perceived as the financial Wild West, are beginning to mature. This evolution is driven by firmer regulation, greater acceptance of existing rules, and innovative market mechanisms enhancing price efficiency and...
Avoiding Blind Spots
The Critical Role of Finance in Entrepreneurial Leadership In the dynamic landscape of entrepreneurship, CEOs often juggle multiple priorities, from product development to marketing strategies. However, one aspect that is often undervalued and underinvested in...
Enhancing Audit Quality: A New Era of Accountability and Precision
The Public Company Accounting Oversight Board (PCAOB) has recently introduced significant changes aimed at improving the quality of audits performed by audit firms (Maurer, 2024). The new rules, approved on May 13, 2024, mark a crucial step in updating decades-old...
Best Practices for SMB Boards
Effective board governance is essential for corporate integrity. Public companies prioritize independent board leadership, strategic oversight, and risk management. SMBs can benefit from similar governance by forming advisory or formal boards to enhance decision quality, shareholder relationships, and overall growth.
Wanted: Top Lieutenant
It’s often said that it is lonely at the top of an organization. In a small business, it is not just lonely but overwhelming. The owner/entrepreneur, whether alone or with a partner or two, often wears so many hats that several important areas of focus must go...
Unraveling the Complexity of U.S. Tax Code
Tax season in the United States often feels like navigating a labyrinth of rules and regulations, with filers grappling with questions so convoluted that it can take pages to determine something as basic as who qualifies as a dependent. The frustration is palpable,...