Financial Reporting

Privately held companies are growing sales at an annual rate of less than 4 percent in 2013, according to financial statements, according to preliminary estimates in the latest Sageworks Private Company Report today, a quarterly update on the health and state of privately held U.S. companies.

Recently we did a survey of the Mergers & Acquisitions (M&A) professionals who use The Sellability Score and asked them what makes a business attractive to an acquirer. The M&A experts said businesses that have a management team in place are much more attractive to buyers than owner-dependent companies.

Organizations that must register with the Internal Revenue Service under the Foreign Account Tax Compliance Act (FATCA) can now do so online at the taxing agency's website, the IRS announced on Monday. FACTA is usually required by financial institutions.

Thomson Reuters Survey Identifies Challenges Accounting Firms Face as They Advise Clients on AICPA’s New Financial Reporting Framework for Small- and Medium-Sized Entities

Being entrepreneurial doesn’t end at starting a business; it means constantly striving to perfect your business model and quickly and continually adapting to change.

Business owners don’t have a boss to give them feedback, so many use their annual Profit & Loss (P&L) statement as their performance evaluation.

As some U.S. corporations rankle investors by holding unprecedented levels of cash, research from the University of Michigan indicates that the CEO's prior job experience could have something to do with it.

I don’t know if it’s just me (I’m assuming I’m not alone in this), but my information consumption habits have changed drastically over the past few years. Less than five years ago I would gather up all my monthly trade publications and while sitting with a cup of coffee flip through the pages, reading the articles that provided me with the best information on improving my practice.