By Robert Francis, CPA, AMS Senior Consultant The Financial Accounting Standards Board (“FASB”) recently clarified requirements for management to determine if its company expects to remain in business. The FASB recently issued a new standard – Accounting Standards Update No 2014-15, Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern – that explicitly requires management to assess their company’s ability to continue as a going concern, and in many cases … [Read more...]

By Steve Jackson, RoseRyan While large valuation acquisitions of entire companies (for example, Facebook acquiring WhatsApp for $19 billion) grab the headlines, the majority of the acquisitions are for just a division or segment of a business, and they have much smaller price tags and light media coverage. Some of those deals are notable. Earlier this year, Nokia, which was once the dominant mobile handset maker in the world, sold its handset division to Microsoft for $7.5 billion. But … [Read more...]

By Pat Voll In a new small company, all the focus — and funds — tend to be on the development side, where the company’s product or service gets fine-tuned for the marketplace. The finance organization as a support function is often low on the priority list. But as the company grows — and tracking and managing the finances gets more complex — almost all spending will continue to be concentrated on other areas, leaving the finance department to fight over the bread crumbs. Continue Reading … [Read more...]

Summer is here, which means you may have an opportunity to catch up on your reading. We’ve put together a list of top ten choices with some of our favorite books. Continue Reading > … [Read more...]

Information technology decision-making is often driven by the latest buzzwords.  “Shared computing”, “web services”, “service-oriented architecture”, “client/server and distributed processing” have all had their heyday. However, it seems that no IT buzzword has had more visibility in the consumer space than “cloud computing”.  So what is it and is it real? Continue Reading > … [Read more...]