Anthony LaNasa CPA CFE

Posted in: Accounting & Assurance, Articles, Business Advisory, Healthcare, HUD, Manufacturing, Nonprofit, Real Estate

New Proposal for Classification of Balance Sheet Debt

Debt and the classification of debt on classified balance sheets has been scrutinized and analyzed over the years and is currently based on rules based guidance provided by Accounting Standards Codification (ASC) Topic 470, Debt. The Financial Accounting Standards Board (FASB) is proposing to replace the old rules based guidance that does not cover all […]

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Daniel Kaminski CPA

Posted in: Accounting & Assurance, Articles, Business Advisory, Healthcare, HUD, Manufacturing, Nonprofit, Real Estate, Wholesale/Distribution

Four Steps Towards a Smoother Audit

A financial statement audit can be a significant time burden on the finance/accounting department for any organization. There is often a large time commitment needed from getting ready for the auditors, gathering information requested during the audit, answering questions, etc. However, there are ways to make the audit go smoother. The following are four ways […]

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Posted in: Accounting & Assurance, Articles, Business Advisory, Healthcare, HUD, Manufacturing, Nonprofit, Real Estate, Tax, Wealth Management, Wholesale/Distribution

HW&Co. featured on Ohio Secretary of State Website!

For the month of April, HW&Co. will be featured on the Ohio Secretary of State website!

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Posted in: Accounting & Assurance, Articles, Business Advisory, Healthcare, HUD, Manufacturing, Nonprofit, Real Estate, Tax, Wealth Management, Wholesale/Distribution

What do the proposed changes to the Department of Labor Overtime Exemption Regulations mean for your business?

In 2014, President Obama instructed the Department of Labor to update the rules of overtime regulations. After taking into consideration the changes that needed to be made, the Department of Labor began to construct a new rule to raise the overtime threshold. The DOL plans to release the final rule later in 2016. Under the Fair […]

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Robert Evans CPA/ABV CFF CGMA

Posted in: Accounting & Assurance, Articles, Business Advisory, Healthcare, HUD, Manufacturing, Nonprofit, Real Estate

FASB Issues New Lease Accounting Standards

On February 25, 2016, the Financial Accounting Stan­dards Board (FASB) issued its long-awaited new financial accounting and reporting stan­dards for leases, Accounting Standards Update (ASU) No. 2016-02, Leases (Topic 842). Under development for a decade, Topic 842 will drastically affect the financial statements of many businesses by requiring them to report operating lease obligations as […]

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