Category: Audit & Accounting
With the adoption of the new leasing standard (ASC 842), the first step is to identify your lease population, their payment terms, and the lease classifications. After you have identified these, where do you go from here? Finance and operating leases have different treatments in the financial statements. While both...
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In 2022, most private companies will be required to follow a new set of leasing standards which require financial statements to report all leases on their balance sheet. In a future post, we will detail how this will impact the financial statements and recordkeeping of your company. This post will...
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When plans reach a certain size, they are required to file the regular Form 5500 instead of the Short Form. In addition, plans are typically required to be audited and those audited financial statements are to be attached when the longer Form 5500 is required. The general requirement to file...
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Copeland Buhl offers a variety of Accounting and Assurance services consisting of Audits, Reviews, Compilations, Preparations and Agreed Upon Procedures (AUP). Below is a summary of each level of service, and how each level of service may be of benefit to you. Audit: An audit is the highest level of...
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April 12, 2019 by Aaron Thomas
Multi-channel retail continues to be a rapidly growing sector in today’s business landscape, with brands of all sizes across a wide range of industries looking to take their offerings online. More and more companies are adding ecommerce capabilities to their repertoire, and those that have yet to do so are...
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