Insights

New accounting standard could change how you look to banks and investors

The new FASB revenue recognition standard takes effect for all calendar-year private companies in 2019. It’s predicted to have significant impact on companies in the technology sector. You should be planning for implementation now. The standard not only may affect…

Huge sales tax changes are coming. Are you ready?

Earlier this summer, the Supreme Court ruled 5-4 in favor of the State of South Dakota v. Wayfair, Inc. Under the new ruling, states may now require businesses to register for licenses to collect and remit sales tax on revenue…

2018 Changes to SOC 2 Reporting

They’re at it again! Just when you get comfortable with the SOC 2 reporting requirements, the American Institute of Certified Public Accountants (AICPA) releases new ones. Here is a summary of the latest changes and the most important information you…