2019 AGA Training Recap: Internal Control and Fraud Prevention
The 2019 Internal Control and Fraud Prevention Training took place on September 18 and 19 at the Ronald Reagan [...]
Impairment Testing Part II: Qualitative Assessments and Quantitative Analyses
In "Impairment Testing Part I," we discussed the nuances of impairment testing. In this post, we will cover the [...]
Impairment Testing Part I: Requirements Under ASC 350 and ASC 360
With the continued increased focus on fair value measurement, companies must understand the nuances of impairment testing for different [...]
Design Thinking: 5 Steps To Make Your Organization Creative and Innovative
Anyone can come up with an answer to a problem, but the correct solution takes work. Through design thinking, [...]
Using Root Cause Analysis to Solve Business Problems
Your Agency underwent an audit and has received the findings from the auditor. Now what do you do? Do [...]
The Dos and Don’ts of External Audit Visits
Prepare for External Auditor Visits No one enjoys an audit, but planning for an auditor’s visit can make the [...]
Next Steps for ASC 606 – Beyond Compliance
ASC 606, Revenue from Contracts with Customers, introduced a new principles-based 5-step revenue recognition model with the intent to [...]
ASC 606 – The Time is Now
The new revenue standard is here! Calendar year-end private companies are required to adopt Accounting Standards Codification 606 (“ASC [...]
Best Practices for Managing Fraud in Federal Programs
A single instance of fraud can significantly undermine a federal agency’s mission not only by consuming already scarce resources but [...]
A 100-Day Plan Can Make or Break an Investment
Abundant dry powder, a low interest rate environment, and increased competition from buyers are driving buyout multiples to record [...]