by admin | Jun 1, 2020 | Accounting Standard, International accounting, Virtual CFO
We are currently living through one of the worst economic crises in the past century, with many companies already losing more than 75% of their yearly profits within the first quarter of 2020. Some are laying staff off while others are trying to cope by cutting costs... 
by admin | Mar 30, 2020 | Accounting Standard
In order to help meet the needs of U.S. citizens in this difficult time, the U.S. government has passed a relief package and put in place certain rules and regulations that guide how businesses should or can react to the COVID-19 crisis. Changes in bureaucracy and... 
by admin | Mar 18, 2020 | Accounting Standard
Starting a small business comes with many challenges. But even after you have gotten your company off the ground, maintaining it can be even more challenging. The Bureau of Labor Statistics notes that about 20% of businesses fail in their first year and about 50% of... 
by admin | Feb 20, 2020 | Accounting Standard, small busines
Experienced Virtual Chief Financial Officers (VCFOs) can help you get as much value out of your business deals and mergers as possible. One important factor in determining how successful a merger will be is the quality of your post-deal integration plan. Post-deal... 
by admin | Feb 11, 2020 | Accounting Standard
It goes without saying that 2020 is going to be a big year, and with it will come big changes for your CPAs here in McAllen. As of January 2020, Abigail Y. Murray and Ethan M. Kirchner have joined forces to provide local businesses and individuals the superb attention... 
by admin | Dec 2, 2019 | Accounting Standard
New lease standards in accounting that are being implemented by the Financial Accounting Standards Board (FASB) are requiring companies to create quite a few adjustments to how they disclose lease obligations and rights. Although FASB chose to put off enforcement of...
