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  • Should your bank use third-party vendors?

    Spring 2021
    Newsletter: Community Banking Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 715

    Abstract: In the uncertain economy resulting from the COVID-19 pandemic, community banks continue to streamline operations, improve efficiency and eliminate waste. This article points out that to help in this process, banks are increasingly turning to outside vendors to provide specialized services beyond the usual offerings. It also explains that to use third-party vendors successfully, it’s important for banks to evaluate liability and assess risk.

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  • Is a merger right for you?

    Year End 2018
    Newsletter: Nonprofit Agendas

    Price: $225.00, Subscriber Price: $157.50

    Word count: 715

    Abstract: In the wake of the new tax law and other developments, many nonprofits are looking for ways to solidify their financial footing — including the possibility of merging with another organization. But a merger isn’t something to be entered into lightly. This article discusses the structure of a merger and other collaborations a nonprofit may pursue, such as consolidations, parent-subsidiary arrangements and affiliations. It also highlights the due diligence process and collaboration costs.

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  • It’s all good(will) – FASB simplifies goodwill impairment testing

    June / July 2017
    Newsletter: Public Company Insights

    Price: $225.00, Subscriber Price: $157.50

    Word count: 715

    Abstract: Accounting for goodwill just got a lot easier for public companies. In recently finalized guidance, the FASB eliminated the second step of the current two-step goodwill impairment test. That step requires certain companies to calculate the implied fair value of goodwill, a potentially complex and costly process. This article summarizes both the old two-step test and the newer, simpler single-step test.

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  • Recent tax law adds appeal to asset purchases

    May / June 2016
    Newsletter: Dealer Insights

    Price: $225.00, Subscriber Price: $157.50

    Word count: 715

    Abstract: Great news for dealerships when it comes to the tax treatment of asset purchases: The increased Section 179 expensing limit for qualifying purchases, as well as the phaseout threshold, has been permanently extended and retroactively reinstated. Also, first-year bonus depreciation has been temporarily extended. This article explains the benefits of expensing and the caveats of the bonus depreciation extension.

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  • Setting the salaries and benefits of your executives

    June / July 2013
    Newsletter: Nonprofit Agendas

    Price: $225.00, Subscriber Price: $157.50

    Word count: 715

    Abstract: Rules known as “intermediate sanctions” allow the IRS to assess penalties against nonprofit executives who receive excess compensation — and the board members who approve it. This article discusses what’s considered excess compensation and what’s viewed as a conflict of interest during the compensation-setting process.

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  • Paying college expenses? – You may be eligible for a valuable credit or deduction

    February / March 2010
    Newsletter: Trendlines

    Price: $225.00, Subscriber Price: $157.50

    Word count: 715

    Abstract: Those who are paying higher education expenses may be eligible for a valuable tax credit or deduction. The American Opportunity credit is available for expenses incurred during the first four years of a postsecondary education. And the Lifetime Learning credit may apply to graduate courses, continuing professional education or job-skills courses. Or, one might take a deduction. The best option depends on individual circumstances.

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  • Getting cash to flow

    Winter 2010
    Newsletter: Auto Focus

    Price: $225.00, Subscriber Price: $157.50

    Word count: 715

    Abstract: With sales still lackluster at many stores, having enough cash on hand to meet obligations remains a management challenge. The first step in strong cash-flow management is maintaining an organized system for cash accounts. It’s also important to maintain a tight collection policy and to properly account for inventory.

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  • Taking a red pen to financial statements – Adjustments a must for many private business valuations

    Summer 2008
    Newsletter: Valuation Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 715

    Abstract: Financial statements are an important source of valuation data, but they tell only part of the story. An accurate appraisal hinges on a comprehensive understanding of the subject company’s relative performance and earnings power. This article explains how, to clarify matters, an appraiser often makes various financial statement modifications, including nonrecurring, normalizing, control and balance sheet adjustments. (Updated 2/7/12)

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  • Risk management – Buy-sell agreements protect companies from themselves

    April / May 2008
    Newsletter: Trendlines

    Price: $225.00, Subscriber Price: $157.50

    Word count: 715

    Abstract: When business owners speculate about threats to their companies, they often overlook the human beings sitting next to them in the boardroom. An unanticipated ownership change can cripple a company’s ability to make executive decisions. One wise risk management move is creating and maintaining a buy-sell agreement. This article explains why. (Updated 6/11/12)

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