by Randy Goldstein | Oct 1, 2014 | Blog
Whether you are starting out in your career, determining your retirement goals or managing a business, your future success or failure is based on how well you design, prepare, execute and evaluate your strategic plan and budget. There are many reasons why startups and...
by Randy Goldstein | Oct 1, 2014 | Blog
Depending on whether your company has to go through an Audit, Review or Compilation at the end of the fiscal year it is important that management has the financials prepared accurately and according to GAAP (Generally Accepted Accounting Principles). These financial...
by Randy Goldstein | Oct 1, 2014 | Blog
On the 23rd of October 2009, the State of Maryland Department of Labor, Licensing and Regulation issued a letter to companies doing business in Maryland. This letter summarizes the impact of the dramatic increase in the number of unemployment claims by Marylanders. ...
by Randy Goldstein | Oct 1, 2014 | Blog
Designing a new COA, in accordance with Generally Accepted Accounting Principles (GAAP), for a new company or changing an existing COA is easy to accomplish if you understand the basic fundamentals. There are 3 fundamental rules that need to be followed when designing...
by Randy Goldstein | Oct 1, 2014 | Blog
The audit/review annual report is a report card on how well your company’s financial department is performing. The goal of the audit/review process is to have no documented audit issues or comments. Having audit issues may have an adverse affect on obtaining bank...