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Showing all 11 results
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Lending to restaurants after COVID-19
October / November 2020
Newsletter: Commercial Lending Report
Price: $225.00, Subscriber Price: $157.50
Word count: 820
Abstract: Restaurants have been struggling to maintain business and attract customers during the COVID-19 pandemic. This article offers some factors to consider that can help assess the ongoing financial impact of the pandemic and whether lending to a restaurant is prudent in today’s uncertain conditions. Lenders need to look at a restaurant’s current financial performance, business strategies and compliance with government guidance, among other considerations. A sidebar suggests five questions lenders might want to ask prospective restaurant borrowers before meeting with their loan committees.
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Program service or supporting activity? Get your expense allocation right
Year End 2019
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 820
Abstract: The push for more transparency from nonprofits has placed a greater emphasis on how an organization’s expenses break down — in other words, how it uses its resources. In 2016, the FASB released a new rule that reflects this priority. While the rule has been in effect for almost two years, some nonprofits still struggle with properly allocating their costs. This article explains the FASB’s requirements and common reporting problems such as the mishandling of joint costs and overallocating to the management and funds category. Permissible allocation methods also are discussed. A sidebar highlights the FASB’s definitions of program services and supporting activities.
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Now what? FASB issues new reporting standard for nonprofits
Year End 2016
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 820
Abstract: The FASB has issued the first update to GAAP for nonprofits’ financial statement presentation in more than two decades. This article highlights several important aspects of ASU No. 2016-14, including the new reporting requirements for liquidity and available resources, two pared-down net asset classes and new classification requirements for expenses and investment returns. A sidebar discusses the FASB’s plans to move on to Phase 2 of its nonprofit project.
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How to make accounts receivable pay off
Summer 2016
Newsletter: Management & Tax Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 820
Abstract: Failure to collect accounts receivable in a timely manner can lead to myriad financial problems for a company, including poor cash flow and the inability to pay its own bills. This article discusses measures for making the collection process more effective, including creating an AR aging report, assigning collection responsibility to a sole accounting employee, and offering customers multiple ways to pay. A sidebar highlights the flip side of upgrading the collection of receivables: improving the management of accounts payable.
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Make the change – IRS expands midyear safe harbor plan changes
June / July 2016
Newsletter: Employee Benefits Update
Price: $225.00, Subscriber Price: $157.50
Word count: 820
Abstract: Sponsors of safe harbor 401(k) plans now have more flexibility to make “midyear” changes to their plans, thanks to a policy change announced by the IRS. This article reviews the changes, outlined in IRS Notice 2016-16, which took effect January 29. ERISA 1.401(k)-3(k)(3) or 1.401(m)-3(a)(2)
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Why companies need to put a price tag on intangible assets
March / April 2016
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 820
Abstract: In today’s marketplace, patents, copyrights, brands, customer lists and other intangible assets add significant value to many companies. However, because intangibles are often developed internally, they’re rarely included on a company’s balance sheet. This article highlights common reasons for businesses to identify and assign value to intangibles. A sidebar discusses valuation techniques used to appraise these hard-to-value assets.
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Is it time to hire a CFO or controller?
May / June 2015
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 820
Abstract: When dealerships grow to a certain size, their owners often face an important decision about oversight of the financial side of the business: Should they hire a high-level financial executive to oversee the dealership’s finances? There is no one-size-fits-all answer to this question, and this article details the factors that go into making this decision. A sidebar offers an option for dealers who aren’t quite big enough to afford a full-time CFO or controller.
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Looking for a succession strategy? Consider an ESOP
Summer 2014
Newsletter: Construction Industry Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 820
Abstract: For construction company owners, succession planning can be a challenge. One option is an employee stock ownership plan (ESOP). An ESOP creates an instant market for the company’s stock. And while it involves transferring ownership to employees, it’s distinguishable from a management or employee buyout. Unlike a buyout, an ESOP allows owners to transfer control to the next generation gradually. It also provides the business and its owners with significant tax benefits. This article describes those benefits, along with some ESOP disadvantages. A sidebar explains the pros and cons for S corporations in particular.
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Restricted stock and RSUs: How are they taxed?
January / February 2013
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 820
Over the last seven years, restricted stock and restricted stock units (RSUs) have grown in popularity as incentive compensation tools, while the use of stock options has declined. This article explains why restricted stock and RSUs can be an attractive alternative to options, but also notes the differences between the two instruments and their respective tax implications.
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Are you part of a nontraditional couple? — Unmarried and same-sex married couples face estate planning hurdles
September / October 2012
Newsletter: Estate Planner
Price: $225.00, Subscriber Price: $157.50
Word count: 820
Abstract: The federal gift and estate tax laws, as well as the laws in most states, were designed with “traditional” marriages between a man and woman in mind. For those who don’t fall within that category because they and their partner aren’t married or because they’re part of a same-sex marriage, thorough planning is required to meet their estate planning goals. This article looks at the legal environment as it pertains to same-sex marriages, the importance of estate planning documentation for nontraditional couples, and gifting strategies.
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A blueprint for strong cash flow
Winter 2011
Newsletter: Construction Industry Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 820
Abstract: Cash flow is the lifeblood of any business, but it’s particularly critical for construction companies. It’s essential to lay a solid foundation for healthy cash flow, starting with the contract. In many cases, it’s possible to negotiate contract terms that can accelerate the flow of cash. This article looks at such terms, including payment terms, retainage provisions, change order procedures and requisitions. A sidebar offers nine cash-flow management tips.