Communicating Up

Communicating Up

Recently I read a survey of what owners want their accountant/Controller/CFO (here after known as Controller) to tell them. I have also moderated a panel aimed at getting answers to this same question. In addition, I have completed my very own sophisticated survey...
Accounting Calendar

Accounting Calendar

An Accounting Calendar is just a fantastic tool to keep you from feeling overwhelmed. We call it an accounting calendar because we put accounting/back office duties on it for clients so they have due dates, cutoff dates and know when key reports are due. Shane and I...
Live with It, Leave It, Change It

Live with It, Leave It, Change It

Sometimes you feel like you are in a fog. You don’t really know where to go and you can’t really see. You just don’t have any visibility. You are just worn out. I am worn out. We worked all weekend and I’m really tired. I’m behind on work and I feel stuck. And then...
Year End Checklist For Contractors

Year End Checklist For Contractors

The end of the year always comes as a surprise to me.  It shouldn’t, but it does.  I think that with Christmas and family and Santa and programs and projects, and, and, and …. that my head is full and by the time that last week of December rolls around, I’m shocked....
Fixed Assets, Repairs, and Maintenance

Fixed Assets, Repairs, and Maintenance

Fixed assets, also known as property, plant and equipment (PPE), are tangible assets held for future use in either production, rental or administration. The IRS has new rulings for the 2016 year stating that if you have unaudited financial statements you will...