Apr 22, 2024 | Audit, Blog, Closely Held Businesses, Mergers and Acquisitions, Nonprofit, Outsourced Accounting, Startup Business
Once your business has survived the start-up phase, it has got a solid foundation to grow. Business and financial advisory services are critical at this stage of development. Here are some major areas or functions of your company to focus on as you look to take it to...
Apr 15, 2024 | Blog, Fraud Prevention and Investigation, Nonprofit
Many businesses support their communities by donating to local charities. While there are many nonprofits that deserve your support, some exist solely to facilitate fraud. How can you avoid the latter? Familiarize yourself with the deceptive tactics scammers use and...
Mar 28, 2024 | Blog, Tax, Tax Update
Summary After a long delay, the Virginia Department of Taxation can now process 2021 passthrough entity tax (PTET) returns. Electing passthrough entities (PTE) must file 2021 Form 502PTET through Virginia’s Business Online System by September 16, 2024 Those companies...
Mar 15, 2024 | Blog, Fraud Prevention and Investigation
By regularly analyzing risk, business owners and executives can better understand and manage the likelihood and potential impact of fraud. In general, there are two types of business risk: inherent and residual. Inherent risk is what exists before management takes...
Feb 26, 2024 | Blog, The Valuation Report
One of the most important factors in valuing a business is the quality of earnings, or QoE. In other words, are the company’s earnings sustainable and predictable over a period of time, and are past earnings a reasonable representation of future earnings? QoE impacts...