IFRS vs GAAP

Compliance with multiple sets of accounting and reporting standards is one of the many challenges facing multi-national corporations. The varying standards create a lack of comparability, and decision makers can reach the wrong conclusion when reading a set of IFRS financial statements through US GAAP eyes. The FASB (US Financial Accounting Standard Board) and IASB […]

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Statutory Audits for the Middle Market Multinational

Congratulations; you navigated the logistical hurdles to become multinational! Today, globalization has substantially reduced the economies of scale that were historically required to operate internationally. Now you will be rewarded with a larger pool of resources and access to a seemingly endless supply of customers. You may also have the pleasure to be scrutinized by […]

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Foreign Partner Withholding Deadline Approaching

Attention partnerships with foreign partners: 3rd quarter withholding is due September 15. It doesn’t have the infamy of April 15 as a tax deadline, but September 15 is still a crucial date for several forms and payments. Perhaps for some partnerships and LLCs who have foreign investors, the most surprising deliverable might be third quarter […]

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New Health Care Rules Took Effect 7/1/15

New Health Care Rules Took Effect 7/1/15 We recently sent an email to many of our business clients advising them of the new rules for Health Reimbursement Arrangements that took effect starting July 1st, 2015. Below are the highlights of the new rules. Please see the link below for the full article, and contact our […]

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3 Accounting Resolutions for the New Year

Once busy season begins, you’ll have precious little time to consider whether your accounting firm has made the right moves to build client relationships and grow in 2015. Instead, you’ll be feverishly working to meet imminent deadlines and to survive the grueling work schedule. Studies have shown that accountants’ top pain points consistently include winning […]

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