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6/1
2019
The Balance Sheet in a Quality of Earnings Part II: Fixed Assets
Author: Chris FamereeCategory: Uncategorized
The Balance Sheet in a Quality of Earnings Part II: Fixed Assets

Last month we discussed inventory and the balance sheet. This month we turn our focus to fixed assets. As we all know, fixed assets such as equipment require capital and are typically purchased from a

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5/2
2019
Benefits of a SOC Audit
Author: CHRIS FAMEREE, MANAGING PARTNERCategory: SOC 2 and SOC 3 Audit
Benefits of a SOC Audit

For many companies, completing the SOC 1/SOC 2 audit or other compliance standards can be a difficult task that is being required by another party (i.e. their customer).  This can make completin

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4/30
2019
The Balance Sheet in a Quality of Earnings Part I: Inventory
Author: CHRIS FAMEREE, MANAGING PARTNERCategory: Financial Due Diligence
The Balance Sheet in a Quality of Earnings Part I: Inventory

As we perform diligence/Quality of Earnings, most of our clients are focused on earnings.  Based on our years of experience we have noted our clients are not typically concerned about the balance

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5/15
2018
HITRUST® :: What is it?
Author: AdministratorCategory: Uncategorized
HITRUST® :: What is it?

The clarity around standards, compliance and requirements in regards to the Protected Healthcare Information (PHI) has been cloudy at best. In response to these inconsistencies, HITRUST Alliance was

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10/4
2017
The 5 Biggest Mistakes Businesses Make When Hiring an Accounting Firm
Author: AdministratorCategory: Uncategorized
The 5 Biggest Mistakes Businesses Make When Hiring an Accounting Firm

Mistake One :: Hiring a Bookkeeper and Expecting Accounting Services Bookkeepers can be extremely valuable to a business. They are a significant help when it comes to paying bills, invoicing, and data

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8/28
2017
Opinions, Opinions, Opinions: Understanding the Auditor's Opinion in a SOC Report
Author: AdministratorCategory: SSAE 16 (SOC 1) Audit
Opinions, Opinions, Opinions: Understanding the Auditor's Opinion in a SOC Report

When a service organization undergoes a SOC 1 or SOC 2 audit, the report will contain an auditor’s opinion surrounding the controls examined. The auditor comes to his/her opinion by determining

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6/19
2017
S*%t I'd Rather be Doing Other than Accounting Part Deux
Author: AdministratorCategory: Accounting Services
S*%t I'd Rather be Doing Other than Accounting Part Deux

The second piece in a five part series for business owners not quite large enough to warrant a full-time accountant, but not really feeling the love for doing the accounting themselves. Relationship M

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