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Management Strategies: The Right Way to Structure a Bonus Plan

March 1, 2016 Payroll is one of the largest, if not the largest, expense for many closely held businesses. But many owners don’t view compensation through a strategic lens. This is especially true when it comes to paying employee bonuses.. Read More >>

Long Awaited Lease Accounting Standard Issued by FASB

February 26, 2016 Client Advisor

February 26, 2016 After a more than a decade in the evaluation of new lease accounting rules, the Financial Accounting Standards Board (FASB) has finally issued the new lease accounting standard that will create dramatic changes to most companies’. Read More >>

Valuation Insights: The Red Flags of Fraud

February 16, 2016 Valuation Advisor

Business valuations often uncover questions about the choices made by business owners. Unfortunately, sometimes the questions lead to a determination of financial statement fraud. According to the Association of Certified Fraud Examiners (ACFE) Report to the Nations on Occupational. Read More >>

Executive Sessions: What They Are and Why You Should Have Them

A private conversation among board members seems to fly in the face of the openness and transparency expected of today’s nonprofits. Managed appropriately, however, executive sessions are a vital part of the board process. An executive session is essentially. Read More >>

Michael Hydell Promoted to Senior Manager at BMF

AKRON, OH – January 19, 2016 – Bober Markey Fedorovich (BMF), a leading CPA and advisory firm in Northeast Ohio, announced that Michael A. Hydell, CPA, MTax, has been promoted to Senior Manager within the firm’s Tax Services group. Read More >>

Financial Reporting: VIE Rules Can Cause Confusion

Tuesday, January 19, 2016 For most construction businesses, maintaining financial statements that comply with generally accepted accounting principles (GAAP) is a fundamental requirement of doing business. Lenders and sureties require contractors to submit financial statements that have been certified. Read More >>

Scrupulous Due Diligence Bolsters the Buyer’s Advantage

As seen in Crain’s Cleveland Business Issued the week of January 18, 2016 The current M&A market remains a “seller’s market,” both in terms of economics (purchase price multiples), as well as the structure of key deal terms. The. Read More >>

Exit Planning Strategies: Is an ESOP Right for You and Your Employees?

January 12, 2016 Client Advisor

Tuesday, January 12, 2016 When planning your business exit strategy, one of the first things to do is decide who will succeed you. For example, you can sell the business to an outside buyer, pass it on to family. Read More >>

Business Exit Readiness – Are You Ready?

For owners who are considering a future transaction of their business, it is important to know that your “exit readiness” today is essential to have a successful transfer that maximizes value in the deal when you’re ready. From our. Read More >>

Regional Firms Must Find New Ways to Recruit Talent

CLICK HERE to read on Accounting Today. “Bigger is better.” The American cultural preference that all things big must be best certainly carries through to the accounting industry. This resonates with many job-seekers, who assume careers and job opportunities. Read More >>