Contingent Liability Defined

Category Archives: Blog

Contingent Liability Defined

🖨 Print⏱ 4 min readShare by As the name implies, a contingent liability for a business does not always happen and depends on how the future unfolds. When it comes to a business analyzing a contingent liability, it focuses on … Continue reading

Posted in Accounting News, Blog |

U.S. Beneficial Ownership Information Reporting Begins

🖨 Print⏱ 4 min readShare by The U.S. Treasury recently enacted a new reporting requirement aimed at quashing illicit financial transactions. The agency believes that corporate anonymity is enabling money laundering, terrorism, and drug trafficking. As part of the 2021 … Continue reading

Posted in Blog, Tax and Financial News |

Deepfakes and Social Engineering: The New Face of CEO and CFO Fraud

🖨 Print⏱ 4 min readShare by Technological advancements have ushered in a new era of cybercrime, with deepfakes and social engineering tactics at the forefront of fraudulent activities. CEO and CFO fraud has become increasingly widespread, posing significant threats to … Continue reading

Posted in Blog, What's New in Technology |

Averting a Government Shutdown, and Reinforcing Air Travel Infrastructure, Weather Alert Systems and National Defense Initiatives

🖨 Print⏱ 4 min readShare by Making further continuing appropriations for the fiscal year ending Sept. 30, 2024, and for other purposes (HR 2872) – Passed by both branches and signed by the president on Jan. 18, this is the … Continue reading

Posted in Blog, Congress at Work |

Optimizing Your Business’ Performance with Capacity Management

🖨 Print⏱ 3 min readShare by When it comes to business operations and measuring performance, the optimal production scale a company can sustain is an important metric to measure. If a business’ capacity can’t be realized and sustained – or … Continue reading

Posted in Accounting News, Blog |

How to be Your Tax Pro’s Favorite Client this Tax Season

🖨 Print⏱ 4 min readShare by Why on earth, you may ask yourself, would I care about being a good client to my tax prep professional? I mean, you are a paying client, and aside from treating them with the … Continue reading

Posted in Blog, Tax and Financial News |
 

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